The air transport sector is important in facilitating economic growth and development. In a country made up of more than 7,000 islands, air transportation serves as the fastest mode of connectivity within the country and the rest of the world. The direct impact of the air transport sector to...

Untersucht wird die Entstehung und anschließende Entwicklung der Low-Cost Carrier (LCC) auf der Ebene einer explorativen Analyse im europäischen Luftverkehrsmarkt. Folgende Aspekte stehen hierbei im Mittelpunkt der Betrachtung: (1) Marktstruktur und Marktentwicklung (2) existierende...

This paper seeks to identify obstacles to competitive markets in formally liberalized service and network industries of fifteen European Union Member States. It is argued that loopholes in EU competition and state aid rules allow national governments to further subsidize previously monopolistic...

European air transport policy, emerged through the confluence of case law and legislation, in four broad areas: liberalization, safety and security, greening, and the external policy. Following the implementation of the single market for air transport, policy shifted to liberalizing and...

This paper develops an empirical model of entry to analyze the effect of previous regulation on European airlines? post-liberalization profits. The author distinguishes between European flag carriers, which are hightly regulated at the beginning of the eighties, and independent airlines. It is...