Hub travel down dramatically at Las Vegas

I also frequent aviation forums. Normally, the topics have nothing to do with real estate. However, THIS THREAD

US's ASMs at LAS are down 27% year-over-year,

Translation: US Airways has cut Available seat miles from Las Vegas by 27% in one year. Partially, this is due to competition from Southwest airlines, but its also due to weak O&D at Las Vegas right now.

How much of the downsizing is due to consolidation at Phoenix? How much due to high oil prices? How much due to lack of demand at Phoenix?

Read the post by SirOmega, #32. If SirOmega isn't a Housing Bear on the blogs... he is in person. (Note, that is a moderated forum, so post deletions might change the number of the post.)

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Neil