Regulation would still allow prices to fluctuate and dip low enough to allow the masses to travel. It doesn't have to be all or nothing. All the de-regulation act did was swing the pendulum to the complete opposite side, and it's been a dumpster fire since then.
Every 5 to 10 years it's thousands of unemployed on the street, entire airlines going under, massive bail outs, etc...
Time to reel it all back in.