Regional Airports in Decline

All over the BBC news this morning is the story about the serious decline in passenger numbers from regional airports. It's being dressed up by calling into question the so called 'hidden charges' that regional airports are introducing. The fact is that there are too many airports in Britain for the size of the country. We get away with it in a time of rampant passenger demand but this is only going to get worse over the next year or so. We can expect more airlines to fail and more services to be cut. It's all about economics.

What's more surprising is that no one has linked what's going on to the proposed sale of some of the BAA's airports. There's a lot more to come on this story in the next few months.