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One thing you can do against a competitor airport is compete on ratings, i.e. make a service covering the same area as the airport in question and make sure your station ratings are consistently much better than at the airport, so the airline is starved for cargo and ends up running at a loss.
The other thing is buy exclusive transport rights via the town local authority, and keep doing that until the competitor closes the line from getting no business. (I can't remember if exclusive transport rights exists in TTO, if it doesn't then this obviously can't be done.)
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