U.S. airlines have lost nearly $60 billion (2009 dollars) in domestic markets since deregulation, most of it in the … last decade. More than 30 years after domestic airline markets were deregulated, the dismal financial record is a puzzle …, analysts, and researchers -- including high taxes and fuel costs, weak demand, and competition from lower-cost airlines …

Following a brief review of the U.S. domestic airline industry under regulation (1938-1978), we study the changes that … public policy issues facing the industry: (a) the sustainability of competition and volatility of airline profits, (b …) possible market power of dominant airlines, and (c) congestion and investment shortfall in the airport and air traffic …

recognizing that competing airlines may increase service in response to a reduction in flights by a bankrupt airline. We do not …The airline industry's current financial crisis has raised concerns over the ramifications of airline bankruptcies for … healthy airlines are inclined to reduce flights. Moreover, from a consumer and policy perspective, the real concern is total …

. The turmoil in the U.S. airline industry has triggered much of the public policy discussion, as some observers have argued … that airlines in financial distress, particularly those operating under Chapter 11 bankruptcy protection, reduce prices to … the point of harming themselves and their competitors. This study investigates the pricing strategies of bankrupt airlines …

variation in airlines fares is substantial: the expected absolute difference in fares between two of an airline's passengers on …This papers analyzes dispersion in the prices that an airline charges to different customers on the same route. Such … a route averages thirty-six percent of the airline's average ticket price on the route. The pattern of price dispersion …

We estimate a model of service choice and price competition in airline markets, allowing for the carriers that provide …

Airline transport generates a growing share of global greenhouse gas emissions but as of late 2016, this sector has not … faced U.S. fuel economy or emissions regulation. At any point in time, airlines own and lease a set of durable vehicles and … have invested in human and physical capital and an inventory of parts to maintain these vehicles. Each airline chooses …

empirical work. We provide reduced-form evidence that our model can explain why incumbent airlines cut prices when Southwest …

comprehensive pricing and bookings data for competing U.S. airlines, we estimate our model and find that dynamic pricing results in … results in single-firm settings due to the strategic role of competitor scarcity. Pricing heuristics commonly used by airlines …

issued by U.S. airlines which includes a detailed description of the underlying assets serving as collateral. Our estimates …