FlyerTalk Forums - View Single Post - US Airways flight cuts to Las Vegas will destroy that cities tourism industry
Old Jun 17, 2008 | 1:52 pm
  #20  
tommyleo
 
Join Date: Sep 2006
Location: PHL
Programs: Former long-time US GP; now AA dirt
Posts: 4,904
Originally Posted by Travel_intellectual
Don't the Bankers and Bond Holders who are financing billions in New Las Vegas Hotel and Casino Construction see the upcoming crisis happening?
All that debt was likely repackaged and sold to the latest bagholders. That's the way the game is played. This has been happening in many parts of the U.S.A., not just Vegas. The bust in Vegas (commercial and residential) was going to happen whether US pulled flights or not.

US has nothing to do with Vegas's woes. If anything, US rode the wave of the boom, and it is now smartly puling back as demand for Vegas decreases.
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