Uneven Describes the Economic Decline and Uneven Will Describe the Recovery

A summary of the remarks made by William S. Swelbar, a Massachusetts Institute of Technology International Center for Air Transportation research engineer, are presented. Swelbar's full remarks were delivered September 21, 2009, in San Antonio, Texas, at the 2009 F. Russell Hoyt National Airports Conference. Swelbar describes the unevenness of the decline of both the United States economy and the United States airline industry and forecasts unevenness in eventual recovery. Since 2007, every state but one has suffered significant airline capacity reductions, especially in economically troubled regions. Swelbar argues that, ultimately, the question for airports and airlines is whether (or how) to support an airport infrastructure designed for an industry that became too large. Swelbar believes that if the market is forced to determine where infrastructure dollars are spent, it should be on airports where demand exists.

Language

  • English

Media Info

  • Media Type: Print
  • Features: Figures;
  • Pagination: pp 19-21
  • Serial:
    • Airport Magazine
    • Volume: 21
    • Issue Number: 7
    • Publisher: AAAE Service Corporation, Incorporated
    • ISSN: 0744-5326

Subject/Index Terms

Filing Info

  • Accession Number: 01150657
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Feb 2 2010 12:41PM