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I'm frequently an opponent of (what I see as excessive) regulation, but in this case - would you really want to fly in a low barrier to entry situation? The vas
by Reelin 7y ago
I'm frequently an opponent of (what I see as excessive) regulation, but in this case - would you really want to fly in a low barrier to entry situation? The vast majority of the barriers here seem to be related to ensuring safety.
- dlp211 7y agoThe barrier to entry is the massive amount of capital to enter the market. If I can buy an airliner for pennies on the dollar, it does not mean that I have to be against or ignore safety regulations. The cost of safety regulations is minor compared to the cost of airplanes, pilots, airport fees and other infrastructure costs.