The Airline Deregulation Act of 1978, nor Europe’s efforts to liberalize commercial aviation for travel within its member states, are a total abolishment of regulations. Operations and safety standards are still closely regulated and airlines are subject to the same marketing and advertising laws as other businesses, and in many cases have more intense regulation. The idea is that the only alternative to the current state of the industry is to go back to high fares and fewer choices. Here are issues I think need to be addressed through increased regulation if the airlines won’t agree to them on a commercial basis. The tradeoff is low-cost airlines like Allegiant and Ryanair have brought air services to many regional airports where it was lacking.
Source: Forbes May 29, 2017 21:33 UTC