Says Mr. Giovanni Bisignani, head of the International Air Transport Association;
"How many car manufacturers do you have in the world - 20 or 30? We have over 1,000 airlines."
The columnist suggests two actions that Congres could do to prevent industrywide bankruptcies without repeating the unsatisfying billion-dollar taxpayer airline bailouts after 911:
1. Repeal limits on foreign ownership (with obvious benefits)
2. Admit our antitrust laws don't have all the answers (ending abusive pricing)
"How many car manufacturers do you have in the world - 20 or 30? We have over 1,000 airlines."
The columnist suggests two actions that Congres could do to prevent industrywide bankruptcies without repeating the unsatisfying billion-dollar taxpayer airline bailouts after 911:
1. Repeal limits on foreign ownership (with obvious benefits)
2. Admit our antitrust laws don't have all the answers (ending abusive pricing)