BUSINESS
10/31/2008 05:12 am ET Updated May 25, 2011

Airlines Grounding Cheap Flights

Oakland International Airport has ridden the wave of rapidly growing discount airlines to a 58% increase in passengers over the past 10 years. And now Oakland is in the vanguard of the next giant trend in aviation.

Grounded flights.

In November, Oakland will have 28% fewer departing seats than it had a year earlier, the largest decline among the nation's 50 biggest airports, according to OAG Analytical Services, which tracks airline schedules. AMR Corp.'s American Airlines and Continental Airlines Inc. have both decided to pull out completely from Oakland; other carriers are trimming flight schedules.

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