Showing 1 - 10 of 1,174
Airline fuel consumption is costly for the firms and for society as well due to a climate-change externality. We study … how fuel price changes affect cost-minimizing choices by airlines that have implications for the extent of this … externality. The airline industry's capital stock can be easily inventoried as a set of long-lived, durable aircraft. This …
Persistent link: https://www.econbiz.de/10014289750
This paper offers the first formal economic analysis of carve-outs under airline antitrust im- munity. Carve-outs are … the carve-out. -- carve-out, alliance, antitrust immunity, airlines …
Persistent link: https://www.econbiz.de/10003898830
airline alliances. We show that the gains from economies of density due to higher interline traffic under the alliance … airline alliance subject to a carve-out. -- collusion ; carve-out …
Persistent link: https://www.econbiz.de/10009307968
. However, the effect of airline alliances on this important dimension of service quality has received almost no attention in …Convenient scheduling, characterized by adequate flight frequency, is the main quality attribute for airline services …
Persistent link: https://www.econbiz.de/10011900765
Persistent link: https://www.econbiz.de/10003379804
Using annual data on individual US airlines over the 1995-2015 period, this paper presents regression results relating … an airline's total fuel usage to seven variables: the available ton miles of capacity (passengers plus freight and mail …) provided by the airline; the average seat capacity of its aircraft, average stage length (flight distance); average load factor …
Persistent link: https://www.econbiz.de/10011518130
This paper provides theory and evidence on airline bag fees, offering insights into a real-world case of product … unbundling. The theory predicts that an airlineś fares should fall when it introduces a bag fee, but that the full trip price …
Persistent link: https://www.econbiz.de/10009793154
We investigate whether legacy U.S. airlines communicated via earnings calls to coordinate with other legacy airlines in … among airlines about their capacity choices. Estimates from our preferred specification show that when all legacy airlines … reduction materializes only when airlines communicate concurrently, and that it cannot be explained by other possibilities …
Persistent link: https://www.econbiz.de/10012171806
We show that the main claim in Dennis, Gerardi, and Schenone (JF forthcoming) (DGS), namely "that the documented positive correlation between common ownership and ticket prices stems from the market share component of the common ownership measure, and not the ownership and control components,"...
Persistent link: https://www.econbiz.de/10013365382
-KLM and SkyTeam alliances into a single mega-alliance. The results of the analysis show that, although the airlines benefit …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 …
Persistent link: https://www.econbiz.de/10011402515