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lindy field
Posts: 2938
Joined: Tue Mar 27, 2001 1:52 pm

Re-nationalization A Possibility?

Mon Sep 17, 2001 4:00 am

Here's a subject that nobody has brought up on the forum to the best of my knowledge. A friend of mine told me that she has an airline exec friend today who believes that the outlook for the US airline industry is so grim that the government may ultimately have to renationalize and reregulate the surviving US airlines in order to preserve the US aviation and transport infrastructure. In other words, the government could have to intervene in a far more expansive manner than merely providing subsidies to ailing airlines.

The thought is a bit mind-boggling. I am not saying by any means that renationalization is imminent or even necessarily likely, but I would like to read the thoughts of my more knowledgeable colleagues in the forum on this possibility. Obviously, what I am offering is third-hand speculation, but I thought I'd bring up the topic.
Please contribute your thoughts. Best to all.
 
Trvlr
Posts: 4251
Joined: Thu Feb 17, 2000 9:58 am

RE: Re-nationalization A Possibility?

Mon Sep 17, 2001 4:58 am

I don't think that a move as drastic as reregulation is needed at this time. Financial support, definitely, but I think that regulation of the industry would present more problems and do more actually the hurt the industry than help it, at least in the long run.

Aaron G.
 
IMissPiedmont
Posts: 6200
Joined: Wed May 23, 2001 12:58 pm

RE: Re-nationalization A Possibility?

Mon Sep 17, 2001 11:20 am

The US airline industry has never been nationalized. Heavily regulated, but NEVER nationalized.
I cannot foresee a time when full regulation will return. It would solve nothing. In fact, it would cause more headaches to the airlines and their customers.
The day you stop learning is the day you should die.