In theory, yes. But in reality, reduced competition means less need to compete. Worse service over the long run and higher prices.

Competition in domestic US airlines continues to dwindle. Not good for the long run.

Reading climate change articles always reminds me of this monologue from the antagonist in Westworld:

I think humanity is a thin layer of bacteria on a ball of mud hurtling through the void. I think if there was a God, he would’ve given up on us long ago. He gave us a paradise and we used everything up. We dug up every ounce of energy and burned it. We consume and excrete, use and destroy. Then we sit here on a neat little pile of ashes, having squeezed anything of value out of this planet, and we ask ourselves, “Why are we here?” You want to know what I think your purpose is? It’s obvious. You’re here along with the rest of us to speed the entropic death of this planet. To service the chaos. We’re maggots eating a corpse