How the airline business works: - airlines are heavily regulated - slots are owned by airlines - pilot unions control major US airlines - a large percentage

How the airline business works: - airlines are heavily regulated - slots are owned by airlines - pilot unions control major US airlines - a large percentage of airliners are already owned by leasing companies - airline flights are dispatched - airlines hedge fuel prices in advance. - pilot training is done on specific models and they do route checks. Their "personal business model" is based on seniority at one airline, not like Uber drivers - virtually anybody can start a new airline under the above rules.