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 airport is closer but i dont think many commercial flights go there. The closest majore airport is Phoenix. Even cost wise that is the best. You might find small flights from Phoenix to Sedona or Flagstaff, but its only a couple of hours drive from Phoenix.