Not to worry it will all even out in the end. The state will pick winning airlines on the basis of maximizing short term political gain. Those chosen few will with the inevitable bean counter driven mentality of their executives, inflate airfares in order to goose this quarters returns and their bonuses which will open space for nimble new entrants who will undercut them but over expand on the basis of irrational exuberance that this time it is different; until it all comes crashing down the when the next world wide bad thing happens....
We have seen this movie before.