A partially related item, after 9/11 and when the economy tanked, airlines were desperate for flyers--now things are "great" for the airlines, so they can treat pax "poorly" and get away with it. The economy (historically) runs in cycles, so there will be a downturn and throw in competition from LCC, particularly foreign ones could lead to financial stress for the airlines.
Related issue: Casinos in AC (in NJ) were doing reasonably well, until PA legalized gambling, AC had not planned properly. In the last 2 years 5 AC casinos closed.