Today there are fewer than a dozen carriers with nation-wide
operations left in the US, and most of the survivors have been moving away from
direct, non-stop flights in favor of a hub-and-spoke system. There was a time
when if you wanted to fly from Los Angeles nonstop to Des Moines or Pittsburgh
you could just get on a flight and go, but this is no longer the case. Today
you’d probably have to fly to Dallas or Chicago (on American) or Denver (on
United) or possibly Phoenix (Southwest) and catch a connecting flight – and some
of the minor airports aren’t even that lucky. Increasingly in the US you will
need to get on a regional carrier that can connect you to a major airport and
change airlines there…
The difficulty here is that an airport is (usually) a large,
sprawling installation, and it requires a lot of expensive maintenance to
remain operational, regardless of how many flights are landing there. And while
it might be possible to use some of the airport grounds to launch other
businesses, both the EPA and the FAA will probably take a dim view of that, not
to mention what Homeland Security and the TSA are going to think. Unless you
can find some form of revenue stream that can be generated using the existing
facilities, or whatever resources are located in, around, or under those
installations, a lot of the lesser airports are going to have to close…
Fortunately for the folks in Pittsburgh, they’ve just
discovered one such resource: natural gas. It turns out that the runways at the
Pittsburgh airport are sitting over a large, and previously undiscovered,
natural gas field – and that modern horizontal drilling techniques can get at
the gas without disrupting operations at the airport or weakening the integrity
of the structures. Dallas and Denver both have working oil fields on their
grounds, and have operated them for years without any ill effects. This is
especially important in Pittsburgh, where the Economist is reporting around
half of the airport’s current revenue is being taken up just paying the
interest on various debts. Hopefully, this will be enough to keep the airport
out of the sort of death spiral where it can’t afford to keep up its
facilities, so fewer airlines want to go there, which lowers revenue still
further and the cycle repeats…
It isn’t being reported at this time just how long the
natural gas deposits might last. We can only hope that the people running the
airport will use the time during which the gas is flowing to figure out their
next move – because eventually the gas field is going to run out, and when it
does they’re going to be right back to where they are now, trying to find some
other financially viable use for a dying airport…
No comments:
Post a Comment