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Economic Benefit of the Entry of Low Cost Carriers to the Richmond Region: An Update of 2005 Study

 
 
 
 
 

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This report updates a study on the benefits of low cost carriers (LCC) to the Richmond region, conducted by Chmura Economics & Analytics (CEA) in 2005. That study was based on a hypothetical scenario of one LCC operating at the Richmond International Airport (RIC). In that study, some broad assumptions regarding increased passenger volume and cost saving were used.

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07/02/2008

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