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Just in passing a comment on the news that Jet Blue is giving up on its Pittsburgh to New York flights. Who wants to go to New York anyway, right?  If you do, you might need to fly out of the Cleveburgh Airport which is doing well of late.

I'll just repeat a post from earlier in the month, but if local air fares were trending badly before, this all bodes ill. Data on local air fares through the 2nd quarter of 2012 already looks like below. My most knowledgable commenters have made the point that the convergence already apparent in that data is likely the result of depressed competition in flights to Philly once Southwest ceded that market to USAirways.