4 ms·
Here's some info on the hub & spoke system: https://www.airfarewatchdog.com/blog/50066526/airline-hub-guide-which-u-s-cities-are-major-hubs-and-why-it-matters/
by awb 3y ago
Here's some info on the hub & spoke system:
https://www.airfarewatchdog.com/blog/50066526/airline-hub-guide-which-u-s-cities-are-major-hubs-and-why-it-matters/ https://www.airfarewatchdog.com/blog/50066526/airline-hub-gu...
And Charlotte in particular:
https://www.wfae.org/local-news/2020-01-14/faq-city-why-do-flights-out-of-charlotte-cost-so-much https://www.wfae.org/local-news/2020-01-14/faq-city-why-do-f...
> So, you're probably wondering, why does American control most of the flights here? It's because Charlotte Douglas International Airport is an American hub. The airline has 90% percent of the nearly 700 daily flights here. That lets it set whatever price it wants, says Ted Reed of Charlotte, who covers airlines for Forbes.
> The answer is pretty simple: We're basically a one-airline town. There's little competition for American Airlines, says Scott Mayerowitz , the executive news director thepointsguy.com, a website that tracks the cost of flying.
> "It is pure supply and demand."
> "Well, I don't want to minimize the fact that this is a monopoly carrier … basically a monopoly company providing service," says Reed. "So of course, they're going to charge more. But a lot of people think the the trade-off is worth it and you know, and that's why you see the companies move here, a lot of companies move here because of the service."
> "People always say to me: Fares are too high and the airlines are horrible. But yet the parking lot at the airport is always full."
Wether 90% (or X%) market share qualifies as a monopoly is an age-old debate.
- CPLX 3y ago> Wether 90% (or X%) market share qualifies as a monopoly is an age-old debate. It really isn’t much of a debate