By all means, become abusive, I can take it. But perhaps I didn’t make my point.
I think the current system is a complete failure. When these companies go bust, they break unions and clean out employees and shareholders. Employees lose pensions, benefits and some lose jobs. BK protects one airline at the expense of others, putting more pressure on already stressed balance sheets. The worst part is the degredation of service. Flying is like a bus ride at FL350.
So I say whats wrong with regulation. Issue a select number of licenses to commercial carriers. Regulate employee compensation, safety, fares and profit margins. Maybe we will have a system that works for all involved, passengers, employees, debtholders, and shareholders.
We have all been brainwashed by the Wal-Mart and Home Cheapo’s of the world, that cheaper is better. Maybe it’s time for some changes. After all, you get what you pay for, right?