Leading Meeting Professionals

Professional Convention Management Association

August 2013

Up in the Air: How Second-Tier Cities Are Absorbing the Brunt of Airline Cuts

By Jennifer N. Dienst

is an industry that is making itself healthy.

“The airline industry is not a healthy business. It’s an industry that managed to lose nearly $60 billion since the industry was deregulated in 1978. It certainly doesn’t have the capital to reinvest in itself. They may lose some choice in hubs to fly through, but I do believe that we’re going to see airlines beginning to invest in a better product that customers can enjoy over time.”

‘Let’s put it this way — the cost of air travel will go up. Fares will go up a little bit, but other costs like bag and reservation fees, those are going to go up. The cost of getting on an airplane is going to go up.’ -Michael Boyd, Boyd Group

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