According to these writers, the problem with the domestic airlines is lack of competition, which results from red tape and airport politics constraining the supply of airport gates.
I don’t know if they are right about the causes (and I’m not sure about blaming it on people on only one side of the political spectrum), and don’t care too much since I rarely travel by air, but I think it has been obvious for a long time that the airline industry has serious problems, and it certainly seems plausible that red tape and politics stand in the way of airport expansion. If you have read my Real Estate Law Update, you know I think that government meddling frequently distorts market forces in land use generally. Via Instapundit.
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