Astro touched on this early in this thread and I agreed with him in reply that it would not be in our interest to allow foreign carriers to take over international travel. To the extent that government support is required to maintain the US industry it would probably be a good investment to provide that support. This is a the wheels have come off the world event and not a mere garden-variety recession for which any business should have planned.
Originally Posted by john_pifer
Agree. If anyone here disagrees with you on this, I'd certainly be interested to hear their argument.
Originally Posted by Astro14
The conundrum is this: to what degree do we want foreign governments to choose our airlines for us? No airline can survive this revenue climate without government help. So, the airlines that get that help may (not certainly, but may) survive. The airlines that don't get that help will certainly fail and cease to exist. It takes decades to start and grow an airline into anything more than a niche. And that requires a great deal of financial leverage, even used airplanes aren't cheap. Since foreign governments own and support their airlines, would we be best served by letting those carriers take over our air travel industry? If they won by government action, and not by safety record, or service, or efficiency, would that make sense? It doesn't to me...