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Excuse me?
Did you just say the U.S. gov't does not subsidize the airline industry? John Gaquin wrote: There was the one-time bailout following the terrorist attacks Correct. No subsidy there, huh? ... which legislation did include what you could call indirect subsidy in the form of deferred tax payments, etc. If by "etc" you mean guaranteed bond backing & loans (grants really since nobody expectes them to be paid back, but calling it a "loan" helps mask the size of the deficit) then yep, right again. But that's not really a "subsidy" is it? I mean, what's a few billion among friends right? ... These deferments have, I believe, all passed in the intervening 4 years. Bzzzt But you're 2 for 3 here, pretty good. ... There is also a small program to subsidize essential air service to small rural communities, comprising some $120M per annum, a statistical pittance of which, I believe, Southwest does not partake. Don't know about that, if true the program doesn't work. Rural air service sucks, and that's on the east coast near the DC-Boston axis. ... Generally speaking, though, the days are long gone when airlines were broadly subsidized by federal money across the board. Other than all the subsidies and unpaid loans, yeah. But who's gonna get picky about details when you're having a nice little fascist rant? Actually I'm glad to see that you have at least a slight connection to reality, even if you forget at times. Perhaps you could keep an eye on the other members of your little club. DSK |