The decrease of the prices of any product or service is considered to be a great benefit to the consumer. It also encourages consumers and those benefiting from the use of the product and service to use them more. However, the fall of prices to rates below their original value represents an economic problem for the entire sector, as well as for investors, and can result in a lower quality of service or product. What the domestic flight sector has witnessed is price competition that has resulted in very low rates that might affect the safety of passengers. Forcing domestic airlines to reduce their prices will force some of them to decrease the quality of their services, and the money that they spend on the security and safety of their aircraft. The small domestic airlines that created this competition should be more concerned about the safety and security of passengers than about competing with other national domestic airlines. These small companies believe that the collapse of prices may exclude other national companies from the market, so that one company can monopolize internal air transport. However, this would ultimately bring back the suffering that passengers experienced in the past when traveling in the Kingdom. The authorities, who have the responsibility for regulating the chaos of the domestic aviation sector, must take an active role in addressing this situation. There is increasing evidence that the sector is in need of further regulation. One domestic airline has decided to stop flights between the cities of Riyadh and Jeddah due to the severe price competition and another company has decided to reduce investments in its fleet and delay receiving the aircraft that they contracted to purchase from a major American aircraft company, while another airline has decided to reduce its expenses by more than 25 percent. Twitter @hasan6061
