The class action lawsuit against Delta Air Lines, American Airlines and United Airlines (Big Three) with plaintiffs alleging illegal collusion to restrict capacity for the express purpose of fleecing consumers and boosting record-setting profits took an important turn earlier this year. A US Federal judge granted preliminary approval of Southwest Airlines’ settlement with plaintiffs in […]

Reasoning by historical analogy is dangerous. Georges Santayana notwithstanding, history does not repeat itself. Rather, the value of history is in what we learn from the past. Failures are as instructive as successes, if not more so. From the day Islamic Jihadists struck the World Trade Center more than 16 years ago, those favoring and […]