Barit 1 - yes, but refer to my previous post.....
The US public will, on average, pick up a far greater tab per capita than they have saved in lower fares. Approx 20 billion just in pension defaults alone, that our kids are going to have to pay for, and about 200,000 redundancies so far and counting. The notion that the LCC's are replacing these jobs is a fallacy - they replace them with packages worth one third or less the career value and no retirement.
One of the main backers of Deregulation at the time in 1978 recently stated that if he had known this would be the full effect he would never have voted for it. The overall economic damage of allowing competition from carriers providing almost slave-labour packages against the legacies (selling tickets below cost), has been too much and unforseen.
