Imagine the chaos in the transportation industry caused by reducing capacities in America by 35%. Airlines will ditch service to small and mid-sized markets in favor of higher yield mid-sized and long haul markets. Now what happens if one or both decided they canâ€™t emerge from chapter 11?
The prospects for re-regulation are very real indeed.
Gary know a lot more about the airline industry than I do, but I'd have to say his predictions could very well come true. And the impact on meetings could be beyond enormous.