The multi-year shakeout that is reshaping U.S. airline networks is nearly complete, but smaller airports are suffering until the bitter end as carriers continue their shift toward strategies that emphasize bigger, more lucrative markets, a Moody’s analysis concludes. “We think that the major shifts in the industry are nearing an end,” Moody’s notes in a recently released commentary on the U.S. airport sector, pointing to schedules after October’s expiration of ...


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