>> we now recognize mr.
oberstar.
>> my dear friend from new
jersey.
the airways are the common
heritage of all americans.
the purpose of the deregulation
act of 1978, and i was in this
room, where it was voted on, was
not to consolidate aviation but
to expand competition, to take
government out of the business
of determining rates and market
and in the first five
years after this, there were 22
new entrants, but by the end of
eight years, there were only
five of those new entrants left.
then there was only one, and it,
too, has been 0 absorbed by u.s.
airways.
-- has been absorbed.
what we saw just recently was a