Machinists Call for Airline Re-Regulation
Larry Dighera wrote:
In any case, from your statement above, it would appear that you
believe that government regulation would result in increased corporate
profits for airline companies. Is that a bad thing for them or their
employees? Would passengers accept the slight per-seat increase in
cost if it meant fewer and shorter flight delays? In a free-market
we'll never have an opportunity to find out.
Actually, in a free market, marketing experts have the freedom to
research what passengers are willing to accept, and if they determine
that passengers would "accept the slight per-seat increase in cost if
it meant fewer and shorter flight delays", they would promote their
on-time performance. However, in a managed market, I agree that we
will have the opportunity to find out. Passengers would indeed "accept
the slight per-seat increase in cost if it meant fewer and shorter
flight delays", because they would not have the freedom to do
otherwise; some bureaucrat would make that decision for them, and it
would be forced down their throats.
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Alex -- Replace "nospam" with "mail" to reply by email. Checked infrequently.
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