Originally Posted by
oliver2002
More likely the total capacity to LAS has been reduced and there is no need to discount the capacity to fill it. Unlike casinos, airlines have the luxury to deploy their hardware to other markets
I agree with this. US is systematically dismantling their LAS hub. In fact, they have nearly completely eliminated their old red-eye departure block. For the most part, everyone else has reduced service (with the possible exception of Virgin and Southwest). Thus, both supply (flights) and demand (passengers) has declined- likely leading to constant or higher prices.