Advertisement Continue reading the main storyIn the first years of deregulation, there was too much competition and the airlines collectively lost a fortune. With the hub-and-spoke system used to defend airlines’ pricing power, there are fewer nonstops. View all New York Times newsletters. Ask Amtrak, which hauls three times the passengers between New York and Washington as all airlines combined, and doesn’t punish you for canceling a ticket. The current business model used by the big airlines is not the only one consistent with reasonable profit and good service.

Source: New York Times April 17, 2017 14:21 UTC