U.S. airline traffic growth was stagnant in 2012, but carriers continued to shift traffic through large hub airports at the expense of medium hubs, pushing average enplanement costs up as big airports build to meet demand, a Moody’s analysis shows. “Enplanements [were] slightly flat, with the median growing 0.2%, with most positive growth occurring at large hub airports while medium hub airports continued multi-year declines,” says Moody’s in its latest U.S. Airport Medians report. “We ...

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