We know that the airline industry is in trouble, when Perezhilton starts talking about it

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Now, even celebrity gossip blog Perezhilton is worried about the state of the airline industry. Constantly ranked among the top 20 blogs on the internet by Technorati, among hundreds of millions, it was surprising to see Perezhilton deviate from the regular celebrity scoop we find on that blog. When that happens, even the common man should pay attention.

The post, entitled “We must avert this disaster”, quoted a Yahoo News article that talks about various factors for concern about the American airline industry. Not surprisingly, one of the key causes is identified as poor customer service. Former American Airlines‘ Chariman, Robert Crandall, is quoted as saying, “Every major airline is losing huge amounts of money with service standards that are unacceptable, to be generous.” Interestingly, he believes that regulation is the solution to such woes. I don’t see how!