Should the US government reregulate the airline industry? Here are some pro and con points I've gathered on the subject:
Pros: Bankruptcies would all but become a thing of the past, thereby insuring long term career stability for those in the industry.
In light of Valujet 592, perhaps re regulation would force the airlines to bring back a higher element of safety.
Since Deregulation, it is pretty much unanimous to everyone that service has fallen by the wayside. With re regulation, and airlines all charging the same fares, air travel could be special again as that would be the only way airlines can distinguish themselves from the competition.
The airlines are a critical part of our infrastructure, and must not be left to be ran by a collection of temporary, if wreckless new starts. Let the well established and time honored carriers run the market.
Cons: Air fares, adjusted for inflation are overall at the lowest levels since Deregulation, allowing many folks that couldn't otherwise to travel.
The government sticks its nose in enough matters. Let the market decide, maintain the Laissez-Faire philosophy.
It would become all but impossible for any entreupeneur (sp?) to begin a new airline.
The air industry is just another business, like selling cars, and hamburgers. Any time one business goes under, another one will come along to replace it.
I eagerly await your feedback. I won't state my personal position until later.