James E. Landry


ANY regulatory framework influencing something as vast and important as this country's scheduled airline system should be the subject of continuing review. Even a good regulatory framework can be improved through intelligent reassessment, and there are some significant modifications that can and should be made in light of the economic impact of regulation of the airlines. Yet, any discussion of such regulation or the merits of attempts to modify the existing regulatory framework through legislative proposal cannot be viewed entirely in the abstract. Rather, emphasis must carefully be directed toward the results of the actual or anticipated regulatory changes on the various aspects of our national life, including factors which certainly extend beyond the scope of the economic spectrum. Such an examination necessarily includes analysis and comparison on many levels and would literally be capable of absorbing voluminous works. Instead, I feel that it is time for some plain talk about airlines and regulation.