Worth pointing out that as the speed of flying (hopefully) increases, it brings in different level of economics - such as a Norwegian company with Norwegian employees serving domestic routes in the United States
such as a Norwegian company with Norwegian employees serving domestic routes in the United States
Not quite. Norwegian Air Shuttle is operating international routes to and from the US. Non-US airlines are forbidden under cabotage laws from flying domestic (i.e., from one location in the US to another location in the US) routes, and even from offering such flights with a connection in a second country -- for example, a US-based airline can fly you from New York to San Francisco, but Air Canada can't, and also can't offer New York to Toronto to San Francisco.
As other reply points out, due to regulations, outside companies can't fly domestic routes. Interestedly, parent article mentions this fact as well.
But another interesting fact is that speed of flying is not going to increase - it actually decreased just recently with termination of Concord service. All new planes are developed to be more economical, not faster (which is more expensive due to laws of physics). NY to London in 7 hours is considered fast enough, very few people want to pay more for faster service.
http://www.rollcall.com/news/us_carriers_wary_of_norwegian_a...