This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

How the American Air Merger Helped Charlotte, Philly and Fort Wayne

Stocks in this article: AAL DAL

American, meanwhile, has lacked strength in the Southeast. But now, North Carolina cities like Fayetteville and Wilmington could gain service to Chicago or Dallas. "There are dozens of routes that never would have worked before," Hartz said.

Read More: 5 Most Beloved U.S. Airlines of All Time

Charlotte's domestic gains have been accompanied by merger-related international losses. Charlotte will lose its non-stop Sao Paulo service on Oct. 1 and its non-stop Rio service at year's end, seemingly an acknowledgment that an airline with a Miami hub need not bother to seek out additional connecting points for Brazil service.

As for Fort Wayne, the US Airways destinations may be the most important additions but they are not the only ones. The airport accommodated 368,199 passengers through July, up 9% from the total in the first seven months of 2013 and up 12% over two years.

Allegiant added twice weekly Mesa service in October 2013. United Express added a fourth daily Chicago flight in April. In July, Delta replaced a 50-seat jet with a 76-seat jet on its midday Atlanta flight, and on Sept. 1, Delta added a fourth daily Atlanta flight.

The gains reflect the area's business and community leaders' support for airport expansion, Hinderman said. "They came together and started identifying what they could do to make Fort Wayne a better place for business, and one was to improve air service," he said.

Following the commitment, airport officials approached every major carrier. US Airways was first to respond, and Hinderman met with airline officials in Phoenix late last year. Fort Wayne offered incentives that included waiving landing fees for a year, $100,000 in marketing assistance and a two-year revenue guarantee. The cost is largely paid, Hinderman said, by a $600,000 federal grant the airport secured to promote new service.

What's next? Hinderman said he is talking with United (UAL) about Newark. "We believe we will have Newark service, but we are still a small airport and the airlines want to sit back and see how Philadelphia performs," he said. And not to say that Fort Wayne's small airport has has very big dreams, but one of its two runways is 12,000 feet long -- long enough to accommodate any jet in the world.

Written by Ted Reed in Charlotte, N.C.

To contact this writer,
click here.

Follow @tedreednc





At the time of publication, the author held no positions in any of the stocks mentioned. This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
2 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs