May: Airlines need more competitiveness, not more regulation

07/14/2010 | Aviation Daily

Responding to politicians' recent comments critical of airline industry deregulation, James May, CEO of the Air Transport Association, defends the landmark law passed more than 30 years ago. "[D]eregulation has been a boon for consumers, who benefit from more choices of airlines, including widespread low-cost carrier availability, service to small communities and, above all, low fares," he writes. Fares have been dropping even as carriers have lost billions of dollars, May notes, arguing for greater flexibility on mergers and a wider embrace of "progressive competition policies."

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