Foundation for Economic Education
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Regulators Scuttle Proposal for Budget Airline
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The US government has blocked plans by Richard Branson's Virgin Group to launch a budget airline in America. Officials refused to grant Virgin America an operating licence because the carrier was 'not under the actual control of US citizens'. (BBC News [1], Thursday)
Why not let American air travelers decide if they prefer an airline carrier owned by non-American?
FEE Timely Classic
Airline Protectionism Hurts Travelers [2] by Paul A. Cleveland and Jared R. Price
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/regulators-scuttle-proposal-for-budget-airline/
URLs in this post:
[1] BBC News: http://news.bbc.co.uk/go/em/fr/-/2/hi/business/6213651.stm
[2] Airline Protectionism Hurts Travelers: http://www.fee.org/publications/the-freeman/article.asp?aid=4432
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