Eugene David
...The One-Minute Pundit

Friday, May 20, 2005


Analysts: Industry Has Too Many Carriers

The airline industry, that is. We should pause upon reading that. Consider the railroad industry: it once had dozens of competing lines (that were equally bankrupt) and a fine record for first-class passenger service. Today there are four national railroads and the joke called Amtrak. Consider the idea of a national airline. It is beyond consideration.

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