Peter Schiff : Airline Regulation Debate on CNBC 4-4-11

Peter Schiff : Airline Regulation Debate on CNBC 4-4-11


Peter Schiff : airlines are very concerned about safety reputation is very important for an airline , people are not going to fly in an airline that they are not going to think is safe , government does not do this , the only thing is may be you can cut quarters because you have government inspectors , part of the problem is you got the government regulating all the routes it's so uncompetitive and the government favors , the government bailed out a lot of these airlines they are heavily indebted they are heavily involved in this industry they are not going to let it evolve in a way that makes it more efficient