This paper reviews the development of China's air transport policy and examines the determinants of Chinese city-pair air passenger flows using a gravity model approach accounting for the effects of multilateral resistance. We find enormous positive impacts of both the continuing liberalisation...

The impact of COVID-19 on air transport is unprecedented and some well-known airline brands may disappear as a result. Governments around the world have responded swiftly to cushion the financial impact by offering direct wage subsidies, tax relief, loans, etc. This paper explores the...

This paper has surveyed the topics in the field of airline economics, including areas such as airline costs and production, airline demand and revenue management, airline financial issues, and airline profitability. The debates in these areas are explored from an economic perspective to help...

This paper proposes a dynamic weighted model to measure the connectivity of intercity passenger transportation in China. We consider both quality and quantity of the connections of two transport modes: air and rail. Among the 23 major cities selected, Shanghai is revealed to have the highest...

Both trade theories and empirical evidence have provided strong support for the gravity model. However, its applications in air transport research remain relatively sparse. A review of the air transport literature employing gravity models in the last ten years shows that most of the studies have...

Border ports play a substantial role in socio-economic exchanges, which reflect the diplomatic relations between neighboring countries. This paper maps and analyzes the evolution process of border ports in China since the 1930s, in terms of the spatial distribution, transport modes, cargo and...

In the absence of an effective antitrust law, both fare wars and price collusion have been pervasive in China’s airline markets, causing concern for both airlines and consumers. A study of monthly airfare data from 2002 to 2004 confirms that fare wars occur periodically, as well as price...

Many firms offer "core" and "side" goods in the sense that side-good consumption is conditional on core-good consumption. Airports are a common example where the supply of runway and terminal capacity is the core good and the supply of various concession services (for example, car rental...

This paper distinguishes uncertainty types that differ continuously with respect to the degree to which uncertainty affects the optimal price/price markup or optimal quantity. A monopoly example is used to show that seemingly strong assumptions on functional forms can represent a wide variety of...