3Qs: Airline regulations should be grounded

In August, new air­line reg­u­la­tions from the U.S. gov­ern­ment will go into effect. They include refunding pas­sen­gers checked bag fees if lug­gage is lost, increasing the com­pen­sa­tion bumped pas­sen­gers receive and imposing time limits on how long planes making inter­na­tional flights can wait on the tarmac. Steven Mor­rison, pro­fessor and chair of the Depart­ment of Eco­nomics at North­eastern Uni­ver­sity, who studies the air­line industry, exam­ines these reg­u­la­tions and the state of the air­line industry since the eco­nomic downturn.