>From a GAO report released today: <<June 12, 2006 The Government Accountability Office (GAO) today released the following reports, testimony, and correspondence: LETTER REPORT Airline Deregulation: Reregulating the Airline Industry Would Likely Reverse Consumer Benefits and Not Save Airline Pensions. GAO-06-630, June 12 http://www.gao.gov/cgi-bin/getrpt?GAO-06-630 Highlights - http://www.gao.gov/highlights/d06630high.pdf >> <<The evidence suggests that reregulation of airline entry and fares would likely reverse much of the benefits that consumers have gained and would not save airline pensions. The change in fares and service since deregulation provides evidence that the vast majority of consumers have benefited, though not all to the same degree. Although a number of airlines have failed and some have terminated their pension plans, those changes resulted from the entry of more efficient competitors, poor business decisions, and inadequate pension funding rules. GAO has previously recommended that broad pension reform is needed.>> __________________________________________________ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com