{"id":199197,"date":"2007-08-27T22:43:00","date_gmt":"2007-08-28T03:43:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/08\/27\/low-cost-carriers-lower-fares\/"},"modified":"2007-08-27T22:43:00","modified_gmt":"2007-08-28T03:43:00","slug":"low-cost-carriers-lower-fares","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/08\/27\/low-cost-carriers-lower-fares\/","title":{"rendered":"Low Cost Carriers Lower Fares"},"content":{"rendered":"<p>There has just been a study <a href=\"http:\/\/www.aviationweek.com\/aw\/blogs\/commercial_aviation\/TowersAndTarmacs\/index.jsp?plckController=Blog&amp;plckScript=blogScript&amp;plckElementId=blogDest&amp;plckBlogPage=BlogViewPost&amp;plckPostId=Blog%3A8427003a-9a63-4261-aa47-5e4b356bb224Post%3A5007766a-4e24-4678-9326-85f23aa57ffd\">on the effect of Low Cost Carriers entering a market<\/a>, in this case, Pittsburgh, and it shows that:<\/p>\n<blockquote style=\"color: rgb(0, 0, 153);\"><p>Fares in Pittsburgh dropped 27%, while the airport reported 360,000 additional passengers per year for a total economic impact of $1.8 billion, according to the study, written by Wilbur Smith Associates (WSA).   Pittsburgh&#8217;s LCCs include AirTran, JetBlue, Southwest and USA3000.<\/p>\n<p>In 2000, the average one-way fare to all destinations was nearly $192, one of the highest in the nation, said the report. &#8220;The expansion of low-fare service at Pittsburgh lowered this figure dramatically,&#8221; it said. &#8220;The average one-way fare decreased by 27% to $140 from 2000 to 2006, and fares to Pittsburgh&#8217;s top 15 destinations dropped 32% to $120.&#8221;<\/p><\/blockquote>\n<p>The people managing airports in Atlanta, Denver, and <span style=\"font-weight: bold;\">ESPECIALLY<\/span> Dallas-Fort Worth, please take note.  Being the bitch of the dominant airport in a region hurts air travel and the local economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There has just been a study on the effect of Low Cost Carriers entering a market, in this case, Pittsburgh, and it shows that: Fares in Pittsburgh dropped 27%, while the airport reported 360,000 additional passengers per year for a total economic impact of $1.8 billion, according to the study, written by Wilbur Smith Associates &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1007,1005,985],"tags":[],"class_list":["post-199197","post","type-post","status-publish","format-standard","hentry","category-aviation","category-business","category-regulation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/199197"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=199197"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/199197\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=199197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=199197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=199197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}