Resilience and rewiring of the passenger airline networks in the United States
arxiv.org
arxiv.org
Hub flying is useful for folks that want to go from one small city to another; on a given day there might be two people who want to fly from Providence, RI to San Antonio, TX so it's not viable to fly a plane between them, but if you route them via Philadelphia, PVD-PHL-SAT, you can accommodate them with limited extra distance or extra time and also accommodate people wanting to travel PVD-PHL and PVD-PHL-SYR, etc.
Once you start working in units of "planeloads" instead of "people", point-to-point flying is likely going to be more efficient in terms of time, distance, cost, etc...