Yes, I do.
As I mentioned, I've been around this business for a few decades. I remember the days of regulation. I remember the days of price control. I remember the days in which you established a direct relationship between the cost of flying passengers from point A to point B and the price you charged passengers from point A to point B. In the day, Transport or the CTA or its precursors validated any attempt by the carrier to raise its prices over and above the cost of doing business.
We got away from the regulatory model because we felt that we should let the market decide how airlines should behave from a pricing perspective and let the market decide how prices should work. In my opinion, we've let the marketplace evolve over the last 50 years, and we're saying, “What's the relationship between price and cost?” We can't find it.
The price is what the market will bear, as you mentioned. Yes, you're paying big bucks coming out of non-competitive markets. How do we fix it? Can we fix it? Should we fix it?