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Why is the airline industry one of the most heavily regulated and subsidized industries in America? Gary Leff, Mercatus Center CFO and author at ViewFromTheWing.com, explains his point of view. As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker. Follow Gary Leff on Twitter: @garyleff / garyleff Related Links & Differing Views: Federal Reserve Bank of San Francisco: Competition and Regulation in the Airline Industry https://www.frbsf.org/economic-resear... Huffington Post: Airline Deregulation: A Triumph of Ideology Over Evidence https://www.huffingtonpost.com/david-... Forbes: Why The Airline Industry Needs More Regulation And Some Suggestions https://www.forbes.com/sites/douggoll... New York Times: Do Airlines Need to Be Re-Regulated? https://www.nytimes.com/roomfordebate... Related Links: US Department of Transportation: Fly Rights https://www.transportation.gov/aircon... Oyez: Nader v. Allegheny Airlines, Inc. https://www.oyez.org/cases/1975/75-455