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Useless airways. (Comment).(impact of deregulation on airline industry)(Brief Article)
American Prospect, The, September, 2002 by Kuttner, Robert
Tags: bankruptcy, deregulation, Government, Litigation, NETWORKING
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THE LATEST CORPORATION TO file for bankruptcy is not another fraudulent telecom, but US Airways. The airlines were among the sectors hardest hit by September 11. And with its concentration in the Northeast, US Airways was among the hardest hit of all. But it would be a mistake to blame the airlines' woes on the terrorist attacks. Airlines and the telecoms have one big thing in common: Both are casualties of deregulation.
As Paul Starr points out in this issue's cover story [See "The Great Telecom Implosion," page 20.], networked industries such as telephone companies ...
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