The Department of Transportation wants to raise the ceiling on foreign ownership of U.S. carriers from 25% to 49% (free registration required). This would give airlines greater access to world capital markets and invite more entrepreneurs (along with more innovation) to enter what is otherwise a pretty stagnant industry.
As I previously noted there are no good arguments against this proposal — expect perhaps that there shouldn’t be any ceiling at all.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
