A unit of percentage measure equal to 0.01%. Basis points are commonly used when discussing changes to interest rates, equity indices, and fixed-income securities. In the media, perhaps its most common use is in reporting a central bank's changes to prevailing interest rates.nvestopedia explains Basis Point (BPS). Converting percentage changes in basis points is done as follows: 1% change = 100 basis points, and 0.01% = 1 basis point.
Flagstaff Pulliam Airport (FLG) Flagstaff Airport is the closest small commercial airport to Flagstaff, just a 5-mile drive from downtown. Flagstaff is currently serviced daily by one commercial airline: US Airway Express flying into Flagstaff from exclusively Phoenix.
Flagstaff is about 151 miles north of Phoenix Sky Harbor, which takes about 2 hours 15 minutes to drive. Driving yourself is the best way to get to Flagstaff because you'll find yourself using your car each day of your vacation to explore all the other great areas surrounding the city like the Grand Canyon and Sedona.