This paper describes events in the last decade in China's airline markets and clarifies some misunderstandings in regard to the 2002 airline consolidations that brought sweeping changes to that country's aviation markets. Some possible reasons for the 2002 consolidations are inferred through...

This paper looks at the effects of some of the recent airline mergers in China. Overall, no significant airfare increases are found in a sample of markets served by the merged China Eastern and China Southern after 2002; indeed in most of the markets directly affected airfares declined. This was...