twa, pan-am, eastern, people's express, braniff. airlines tonight is out of business. schoumacher: in the era of deregulation, big airlines were inviting targets for competitors with low fares, low costs, and ashy advertising. getting you there on time is our way of, uh, being faitul. you had western, which flew in the west. you had eastern, which flew in the east, and, you know, east was east and west was west and never the planes would meet. they simply did not and it was ordained that way. so you can get confused by thinking that less carriers means less competition. actually since deregulation, the mber of competitive routes has increased enormously asompared to what it was prior to deregulation. anit's having carriers flying against one another on a given route that produces competition, not how many carriers there are volumetrically where would fares be today if we had not regulated? what deregulation d was effectively replace the reductions in fares that had been generated by technical change -- because technical change had b