"In the midst of this mess, former American Airlines C.E.O. Bob Crandall gave a speech to a group of airline executives in New York City in June that sounded a little like heresy: Crandall essentially called for reregulating the sector. 'We have failed to confront the reality that unfettered competition just doesn’t work very well in certain industries,' he said."
Matthew Malone in Portfolio wonders if airlines need reregulation.
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