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Everything about the article contradicts the premise it puts forward. There genuinely was a "Golden Age" in the Supply-Demand-Means dynamic. Now, any nobody can jet set off to Raleigh-Durham.

Air travel sucks now, and it's mostly to do with the cattle car mentality. Thanks a lot, actuaries. Short sonsofbitches.

Air travel being priced so that you (not to mention I and anyone else) can enjoy it reasonably often seems to be a good thing, not a bad thing.
For me, the race to the bottom went too far. I try to avoid flying now. The hard and narrow seats, ever-decreasing legroom, lack of recline, constant densification, buy-on-board food, airports disguised as shopping centres, expensive airport parking, fare increases (i.e. same/more money for less). What's the point of a holiday if you dread the beginning and end?
I agree with you, I also try to avoid flying. But somehow more people are flying now than ever, and it's because of price and convenience.
That's what you get if you want a cheap ticket. Comfort and style are still available if you pony up some $$$ and fly on a charter jet.
It's only so because the global warming externalities are not priced in. And it's a very bad thing.