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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (648272)

3/18/2012 4:30:29 PM

From: i-node

Respond to of 1574680

>>> Learn why gov't regulation is necessary.

Here's why deregulation was essential:

Airline bankruptcies. If you go back further, you'll find even more. It is an unsustainable business model with or without government regulation. One more casualty of union labor.

New York Airways	1979-05-18		Ceased operations (see wiki page)
Aeroamerica	1979-11-19		Ceased operations (see wiki page)
Florida Airlines	1980-01-24		Death by deregulation (see wiki page)
Indiana Airlines	1980-03-03
Air Bahia	1980-12-15
Tejas Airlines	1980-12-31
Mountain West Airlines-Idaho	1981-03-06		Ceased operations
LANICA	1981-03-16
Coral Air	1981-07-13
Pacific Coast	1981-09-11
Swift Air Line	1981-09-18
Golden Gate (Airline)	1981-10-09
Pinehurst Airlines	1982-01-26
Silver State Airlines	1982-03-03
Air Pennsylvania	1982-03-26
Air South	1982-04-02
Cochise Airlines	1982-04-16
Braniff International	1982-05-13
Astec Air East	1982-07-08
Will's Air	1982-08-19
Aero Sun International	1982-10-15
Aero Virgin Islands	1982-10-19
Altair Airlines	1982-11-09
Eastern Airlines	1989-03-09
Partnair	1989-10-01
Pan American World Airways	1991-01-08
Trans World Airlines	2001-01-10		Filed as part of an acquisition by American Airlines
US Airways	2002-08-11	2003-03-31
United Airlines	2002-12-09	2006-02-01
Air Canada	2003-04-01	2004-09-30
Flash Airlines	2004-03-01
US Airways	2004-09-12	2005-09-27	Second filing, emerges in conjunction with its acquisition by America West
Aloha Airlines	2004-12-30	2006-02-17
Northwest Airlines	2005-09-14	2007-05-31	Acquired by Delta in 2008
Delta Air Lines	2005-09-14	2007-04-30	Filed, putting 4 of the top 7 carriers in the United States under bankruptcy protection
Maxjet Airways	2007-12-26		Filed and discontinues operations
Aloha Airlines	2008-03-31		Filed and discontinues passenger transporting operations
ATA Airlines	2008-04-03		Filed and discontinues operations
Skybus Airlines	2008-04-05		Filed and discontinues operations
Frontier Airlines	2008-04-10	2009-10-01
Eos Airlines	2008-04-26		Filed and discontinues operations
Sun Country Airlines	2008-10-06		Filed
Primaris Airlines	2008-10-15		Filed and discontinues operations
Japan Airlines	2010-01-19	2011-03-28
Arrow Air	2010-07-01		Filed, discontinued, and undergoing liquidation
Mexicana	2010-08-28		Filed and suspends operations
American Airlines	2011-11-29

To: tejek who wrote (648272)	3/27/2012 9:06:27 PM
From: TimF	Read Replies (1) \| Respond to of 1574680

The deregulation was one of the best political decision in recent decades in the US. Before deregulation if the airlines wanted to change where they flew or how much they charged, they had to get permission from the government. It lead to a very inflexible and very expensive airline industry and most people rarely took flights because they where two expensive. As for bankruptcies. 1 - Companies that are unprofitably going under is a feature of capitalism not a bug. 2 - As Inode pointed out bankruptcies also happened before deregulation.