The new Panama City hub will have some impact on the routes coming out of VPS.
Not unless demand dictates it. Obviously, the demand is not there, yet, as the VPS aircraft are packed whereas the PFN aircraft are not.
As I've said on other airport threads, airlines do not operate on the Field of Dreams principal..."Build it, and they will come..."
You can have a beautiful new airport, but unless the paying public shows a need to change frequency / aircraft size based on passenger yields it's just not going to happen. VPS is only 60 miles away, yet, it warrants larger aircraft and a few more flights a day. By and large, the passengers using VPS either have no need to fly into PFN, or they are choosing not to fly into it for other reasons. Wait until all the condos are finished. You'll see demand pick up...