Airlines might raise fares or reduce services due to proposed regulations

See Biden Says Administration Will Propose Airline Rule to Compensate Passengers for Delays, Cancellations by Alison Sider and Ken Thomas of The WSJ. Excerpts:

"Other observers argued that there would likely be unintended consequences—reductions in service or higher costs for consumers.

“They’ll find a way to raise fares,” said Clifford Winston, a senior fellow at the Brookings Institution. “They’re not in the business to lose money, and if the government is going to force them to do something, they’re going to try and find a way to get the cost covered.”"