It is a supply and demand effect. Prices aren’t generated based on a fixed markup over costs. It’s way more expensive to fly into smaller regional hubs like Ch

It is a supply and demand effect. Prices aren’t generated based on a fixed markup over costs. It’s way more expensive to fly into smaller regional hubs like Charlotte because the supply of airlines that want to maintain a presence there is smaller than a national hub like New York City. That’s how you get these upstart airlines that take over a corner of the US when the prices get too high. Then the big airlines drop their prices to compete because the supply went up.