Air Transport World

Airlines are still different. (Editorial).(Editorial)

Two recent news items caught our attention as being illustrative of the handicaps under which the airline industry has labored throughout its deregulated existence. The first was the landmark decision handed down by the US Federal Communications Commission in early June to permit even greater concentration among the US media conglomerates that already dominate television, radio, print journalism, the entertainment industry and Internet access. The second was the announcement by BAA Plc (formerly British Airports Authority) of a 3.8% rise in pre-tax profits in what was the second-worst year for the world's airlines since people started keeping score.

It hardly bears remarking that whatever the importance of air transportation to the world economy, it is dwarfed by the value we attach to the free flow of information. …

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