The airline industry now has only two vendors for planes: Boeing and Airbus. Virtually all American air traffic is controlled by a handful of airlines, and they raise and lower prices in concert. I worked in the travel industry, and industry veterans openly admitted that major airlines colluded with each other, which was obvious as they regularly saw them raise and lower prices in unison. The automobile and airplane industries are virtual monopolies, in classic, capitalistic fashion. Monopolies are rackets.


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