3 ms·
> I'm pretty curious what would satisfy you in terms of a modern day business model for aircraft manufacturers and airlines, so if you would care to write out y
by topspin 7y ago
> I'm pretty curious what would satisfy you in terms of a modern day business model for aircraft manufacturers and airlines, so if you would care to write out your thoughts I would definitely be grateful.
A little competition would go a long way. This market is wholley owned by two company oligopoly that employs the sons and daughters and sons-in-laws and daughters-in-laws of the senators and chairmen and vice-chairmen and acting-deputy-vice-chairpersons directly or indirectly through their boards and law firms and non-profit chairmanships and god knows what else, so the regulatory capture you mention is a metaphysical certitude. I know of two remaining solutions; a GULAG system or competition. The former is worse than the problem so I dream of the latter. War use to serve as a means to break these ice jams, but that's pretty much obviated today given nukes.
BTW, this view applies to far more than aircraft manufacturers and operators. Pretty much every damn 'problem' you can name in the modern world is a consequence of the same structural dysfunction.
That's the best I can afford to do with my time.