Here's Why Air Travel Sucks (And Is About To Get Worse) - More Perfect Union

[Warpy]

3. Correct except the bit about lining the pockets of the shareholders

Did she miss the bit about 90% of their profits going into stock buybacks, executive pay packages and executive bonuses? That means the thousands of shareholders are getting just 10% of the profits. Yes, they pay dividends, but the big shareholder these days is the monopoly, itself. Shareholders, most of them small, are getting ripped off along with travelers. Big shareholders are getting sold on the ever increasing face value of their shares on the stock market, something that exists only on paper and can evaporate quickly, while the dividends they no longer pay are actual income.

Other than that, yeah. Deregulation = "gimme your wallet."

Whoever said "getting there is half the fun" has never flown on a deregulated airline.