Falling Off the Map
WSJ: “Fifty-nine airports that had commercial service in 2007 don’t have any today,” says David Castelveter, vice president of communications for the Air Transport Association (ATA). “Another 38 have it, but won’t at some time in 2008.”

“If you live in a small city, fares might be up 50–70 percent over last year; if you live in a bigger city or one served by Southwest, they may be up only 10–15 percent,” said Rick Seaney, CEO of Farecompare.com.

The Street.com: Medium sized communities will have fewer hub choices as the result of the capacity cutbacks going into effect this fall. The publication cited changes at Lansing and Toledo, which are losing Delta’s RJ service to Atlanta. Toledo is also losing Cleveland via Continental.
In general, "The future will look very much like today," aviation consultant Mike Boyd told the publication. "Access to various places will drop off, there will be a diminution of the options, but it's not as if you will see New England lose all of its air service."
The publication also cited Harrisburg, Pa., as losing American’s service to La Guardia Airport just as regional execs feared, while gaining four daily flights to Newark, largely owing to the fact it has the seventh-highest fares in the country and a strong business community willing to pay them.

Airlines Over Expanded Internationally
Airlines are expected to begin pulling down international capacity since over expansion is now putting pressure on yields, according to United CFO Jake Brace.

Fuel Impacts
For 2008, ATA is forecasting losses in the range of approximately $10 billion for U.S. airlines, and have already announced 30,000 job eliminations. Eight U.S. airlines have ceased operations, two others are in bankruptcy and more will come. Hundreds of aircraft have been parked, likely forever, and later this year, even more communities will face air service losses that will continue to undermine their economies and the nation's economy.