• chaogomu@lemmy.world
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    18 hours ago

    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
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      17 hours ago

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