In a break with protocol that has kept airlines from publicly criticizing one another, five profitable low-fare carriers have banded together to oppose a move in Congress to help out the industry's giants, including bankrupt United Airlines. TIME has obtained a copy of a letter from the five airlines to the Bush Administration in which they say that a bill to provide special pension relief to the major carriers (American, Delta and Northwest would be the main beneficiaries, along with United) is "selective subsidization" and "the worst form of intervention that wastes limited public funds and harms consumers." The CEOs of...
To continue reading:
or
Log-In
