"What we CAN do is hold them accountable for every rule and regulation in the substantial book and yank if they do not comply with every period and comma therein."
Really? There won't be many airlines flying in the "good 'ol US of A" then.
I have no doubt that Norwegian Airlines will do as the American carriers do, ie when it is a lean season on a route they will use their aircraft on more profitable fat season route.
They have won this
Norwegian is announced as the Best Low Cost Airline in Europe at the 2013 World Airline Awards
and this
Norwegian wins international award for best in-flight WiFi - Norwegian
and this (scroll down the page
germanwings, Norwegian, Atlasjet Ukraine win Euro ANNIEs 2014
Just for starters over the last couple of years. So this is competition for all carriers to watch out for and get their acts together. The American carriers will only be slightly worried for now but as Norwegian build up flights and destinations they will nibble more and more at the American carrier's heels.
All carriers will not be able to compete with prices that Norwegian offer, eg $268 LAX to ARN! They will have to compete and win in other aspects of airline operations.
So to use the phrase - Step up to the plate - and compete!