A blow against jingoism in aviation

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.

About Gary Leff

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 Milepoint.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 »

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