Monday, February 3, 2014

EASTERN AIRLINES RETURNS TO MIAMI

EAL Landed in Washington Circa 1970 - Bring 'em on back!
This one goes under everything in Miami is hot! Everything is happening there these days and even airlines companies that have been out of business for 20 years are coming back to roost. What?? Yes, Eastern Airlines is coming back. All the way back, not just in business, but to the very building the used to occupy in Miami! Very strange but true. Eastern Airlines was huge when I was growing up. It was a real surprise when they went down but this is more surprising. They seem to have timed the comeback well, in that the economy is strengthening and international and domestic travel are ramping up in Miami. In their heyday this was what made them so popular, their flights to Latin America, so if they can get some of that market share back again they should do well. Ft. Lauderdale Airport is planning on a large expansion and has also been steadily growing. Welcome back Eastern! I hope it all works out this time around! More airlines means more competition which should mean lower fares for us! Thanks for reading and have a great weekend everybody!






Orin Rosenfeld
President
Rosenfeld Realty Advisors
9858 Glades Rd. Suite 209
Boca Raton, FL 33434

Phone: 561-756-1665

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