Our nation’s airlines are in

Our nation’s airlines are in dire financial straits, and the Transportation Security Agency makes their problems worse. The Dow Jones Transportation Index is down 13% over the last year, and the nation’s two biggest airlines lost more than $3 billion combined in 2001. USAirways, the nation’s sixth largest carrier, entered Chapter 11 bankruptcy this week. USAirways is a high cost carrier which relies on business travel up and down the East Coast. (Their route map is made up of short distance travel throughout the east coast, with plenty of takeoffs and landings relative to flight miles and utilization of high cost airports.) The economy is suppressing business travel, but so is the hassle (delay, cost, aggravation) of airline security. This has hurt USAirways especially, because their profitable routes are the New York-DC-Boston shuttle which has…

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