Originally Posted by
rickair7777
Airlines need to be regulated for both safety and stability, because you can't get safety without economic stability for the companies and employees.
I completely agree with this statement. I believe in a certain amount of regulation for everything. I am not one of those anti-government and anti-regulation people. It is generally a good thing in small doses.
With that said, aviation is probably the most regulated industry in the country. Look at all the laws that govern us. It's pretty insane. I believe those laws are the reason that aviation is the safest form of transportation known to man.
But I completely believe that deregulation did more good than bad for the industry.