It seems like the smart play here is a three step process:

1) Deregulate claiming that competition will lower costs

2) Further consolidate carriers so that there is even less competition

3) Profit!

With the corporate buyout of government, it won't be long until we see the announcement for the new AmDelTed.

This has worked so far, though. Prices are down ~50% after inflation since the airlines were deregulated.