Managing the Air Service Crisis
How airports across the U.S. are addressing carrier capacity cutbacks; revenue losses
“After five or six years of this, honestly, I haven’t seen a whole lot new in the last couple years. The program has taken what is probably on average $500,000 of federal funding per community, generating only about a 30 percent success rate of whether an airport attracted new service and maintained it for at least one year.
“From a public policy perspective, that is probably considered to be a measure of success,” says Martin. “Yet, from an individual airport’s perspective, and from a local development perspective, I would relax that standard.”
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