Fitch: Smaller Airports More Affected by Airline Failure

Secondary hubs and airports in small markets are more affected by an airline failure than their major counterparts. This is just one of the disparate effects airline failures have on airports around the world, according to Fitch Ratings in a new report. A recent Fitch analysis shows that major airports recover quite well over the years when an airline fails. Passenger traffic at major airports has declined below 10% one to two years after the failure and often recovers completely after that. The effects of an airline failure are felt more acutely, however, in secondary hubs and airports in small