HE ASSUMPTION THAT YOU ARE going to get really intense, severe, cutthroat competition just seems to be unrealistic when you are talking about a small number of carriers who meet in one market after another. I just do not see any reason to believe that the airline industry cannot prosper and attract capital--Alfred Kahn, "father" of US airline deregulation, testifying before Congress in 1977. This autumn the US airline industry will mark what for many of its former and current participants is ...

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