FORMER A.A. CEO CALLS FOR RE-REGULATION OF AIRLINES

Read all of this. I don't sympathize with Crandall's call for less labor rights (obviously) or much of his argument, which seems to boil down to "Please, government, increase our profit margins!" but his recognition that unfettered competition in his industry doesn't help anyone is a significant thing, and a big slap in the face to conservative free-market ideology. Also, his points about how regulating more direct flights would increase efficiency AND lower carbon emissions is interesting.

read full story »