@ DirtyProp - agreed, but costs are being driven down by the lowest common denominator LCCs , the question is are the regulators giving too much free reign which is putting too much financial strain on all carriers?
LCCs exist because they fill a market's need.
People want to go places, and they want to go there cheap and fast. These are the 2 main considerations. Ultimately the market decides, and if businesses want to survive they have to follow, or else.
The regulators are interested in one thing only: their job. As such they will give the public what they want: more regulations.