Sell High, Buy Low — & Look Out For Competitors
Being an ardent free marketer at heart, I don’t think government should do anything — at least directly — about airfares that remain at nosebleed levels even as airlines’ fuel costs collapse and their profits soar.
Instead, I think government should focus on steps to increase competition.
You know, allow things like markets, supply and demand, etc. to drive fares down.
In that vein . . how about doing something to expedite new airline startup’s getting, umm, off the ground?
Challenge #2: making sure gates at U.S. airports aren’t monopolized by a few mega-carriers.
