Regulators with the best of intentions

Ben Popken reports:

Starting next month, airlines delayed over 3 hours where passengers can't disembark will be fined a hefty $27,500 per passenger. Continental CEO Jeff Smisek said that to get around the fines, they'll just cancel the whole flight entirely. See, you can't fine a flight for not taking off on-time if the flight doesn't exist anymore. [AP]

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