Old 09-17-2011 | 03:19 PM
  #40  
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galaxy flyer
Gets Weekends Off
 
Joined: May 2010
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From: Baja Vermont
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Fishfreighter

You assume that adding costs, that is adding crews to meet the new rules, will not affect prices and, hence, tickets purchased. Simple supply and demand, increase the costs of supply and the quantity of tickets demanded will decrease. Elasticity of demand will settle out whether more or less crews are needed. Don't be too blasé about the effects of increasing costs on the airlines, whether thru regulation or labor contract.
GF
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