Non-Competitive Market Driving Passengers Away from Canada's Airports
June 18, 2012 COLLEGE PARK, Md. - Some airlines are losing more than $1 billion in revenue each year because travelers are avoiding Canadian airports to use facilities south of the border - this despite the 2005 U.S.-Canada Open Skies Act - concludes a new study from the University of Maryland's Robert H. School of Business. The researchers say millions of passengers drive to and from U.S. airports in search of cheaper fares, at times saving hundreds of dollars. Lack of airline competition may be the culprit they add. A Chicago-Toronto round trip, for example, often becomes a