I'm kind of curious as to what your guys' opinion is on the subject of regulation. What do you think are the positives and negatives of gov't regulation ala pre-1978? Would it ever work again these days in the face of rising fuel prices? Have we already swung too far towards the extreme of a bag of peanuts and only half a soda?
The second part of this question would be a consequence. If fares rise, it would seem logical, less people will be able to afford to fly. Do you think that the increase in fares could overcome the loss of paying customers? I think most people would adjust to higher fares, I mean, who thought we'd be willing to pay $3 a gallon for gas just two years ago?