this post was submitted on 11 Mar 2025
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[–] HobbitFoot@thelemmy.club 5 points 23 hours ago (1 children)

Carter deregulated a lot, including the passenger airline industry.

[–] chaogomu@lemmy.world 6 points 18 hours ago (1 children)

To be fair, the regulations at the time meant that only the richest assholes could afford to fly anywhere. The airlines were literally forbidden from competing on price.

The problems started when Reagan allowed the first mergers.

[–] HobbitFoot@thelemmy.club 1 points 16 hours ago

I don't know if preventing mergers would have helped. There were a lot of airlines that went bankrupt during that time.