Letters to the Editor
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The Consolidation Prisoner's Dilemma - "They can do this voluntarily..."
I thought "Prisoner" has a nice double meaning here... :)
It's a classic prisoner's dilemma:
http://en.wikipedia.org/wiki/Prisoner%27s_dilemma
Nobody wants to be the first to consolidate for fear of losing business. Whether the fear is justified by the facts of the market or just perceived threat is moot. Probably no carrier wants to be the first. Unless somehow the market makes it clear that it WANTS consolidation. But the market doesn't care whether it's on a big plane or a little one.
The government will have to force the issue.

