Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10003498806
This paper provides the first analysis of the trade-off between convenient flight connections and airport congestion. A …
Persistent link: https://www.econbiz.de/10011334230
The likely resurgence of air traffic in the U.S. means that airport congestion is a problem that must soon be … theory says that the congestion tolls levied on the various airlines at a particular airport should generally be different …, with the tolls being inversely related to a carrier s airport flight share. Internalization of airport congestion is the …
Persistent link: https://www.econbiz.de/10011410457
This paper offers the first formal economic analysis of carve-outs under airline antitrust im- munity. Carve-outs are designed to limit the potential anticompetitive effects of cooperation by alliance partners in hub-to-hub markets, where they provide overlapping nonstop service. While the paper...
Persistent link: https://www.econbiz.de/10003898830
In this paper, we ask how antitrust immunity subject to a carve-out affects collusion incentives in international airline alliances. We show that the gains from economies of density due to higher interline traffic under the alliance strengthen the incentive to collude on the interhub segment,...
Persistent link: https://www.econbiz.de/10009307968
This paper explores the effects of a European airline merger followed by a consolidation of two competing international alliances. The exercise has been inspired by the Air France-KLM merger, which is expected to spur consolidation of the Northwest-KLM and SkyTeam alliances into a single...
Persistent link: https://www.econbiz.de/10011402515
preferences in business and leisure markets, while an alliance is less responsive to such preference differences. With hub-airport …
Persistent link: https://www.econbiz.de/10011900765