Airline Industry Trends Documented in New Report
CNT, in partnership with Reconnecting America, released the third part of a three-part series that examines the state of the airline industry. Missed Connections III documents the continuation of airline industry trends identified in the first two reports: fewer flights and available seats at most of the nation’s airports; an increasing shift to regional jets from wide body jets, which generate lower revenues for airports without a subsequent lowering of aircraft handling expenses; and additional cuts to flights less than 500 miles. The not surprising results: financial difficulties for airlines and airports and fewer options for travelers.
So why does CNT care about the airline industry, you ask? The issues facing the airlines need to be understood in the context of the broader intercity transportation system, which is also under stress. Better connecting our air, rail and bus systems and promoting one, more integrated system that yields both environmental and economic benefits is of critical importance to the future of our cities and regions. Read Missed Connections III for strategies on how to better connect our transportation systems and reconnect our communities.
