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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (282155)10/8/2010 8:08:05 PM
From: James HuttonRead Replies (2) of 306849
 
Although I don't know the exact history, you can throw in the "efficiencies" (or elimination of competition) from airport consolidation which eliminated the TWA hub at St. Louis.

From Wiki:

"TWA's St. Louis hub decreased after the merger due to its proximity to American's larger hub at Chicago's O'Hare International Airport. As a result, American initially replaced TWA's St. Louis mainline hub with regional jet service (going from over 800 operations a day to just over 200) and downsized TWA's maintenance base in Kansas City. In September 2009, American Airlines announced its intent to shut down the STL hub it inherited from TWA, and in October 2009, American Airlines announced its intent to close the Kansas City maintenance base by September, 2010."
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