Originally Posted by
FetaCheese
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.
This is incorrect. In 1979, the average ticket price in 2016 dollars was $616, vs $314 in 2016.
Roughly 60% of the population at the time had flown and that went up to over 80% by 2016.
The CAB determined routes and waste was rampant.
I would argue that before Covid, the airlines in the USA were running the most efficient and affordable air travel in our history. Don’t forget to add safety to that as well.