The airline industry is the central part of the commercial aviation value and supply chain. Nevertheless, it has the lowest profit margin and return on investment compared to other sectors in the chain. This leads to the question whether the airline industry is sustainable in the long run, the...

Almost 20 years after passage of the US Airline Deregulation Act, air transport regulatory liberalization has made inroads on all continents. But even as deregulation is still spreading, there are also calls for some form of re-regulation. The reasons are diverse and not necessarily consistent....

The air transport industry has remained one of the most regulated and restrictive industries in international trade. Domestic deregulation and liberalization have been progressing at an uneven pace across countries, and liberalization of the international markets has yet to overcome numerous...

The optimism shared by agencies such as IATA and the Air Transport Action Group on the growth in the demand for air travel has been temporarily derailed by the Asian economic crisis which appears to have dimmed the prospects for growth of many Asian carriers. Prospects for growth and expansion...

This paper describes the current status of and the government policy towards airline alliances, discusses the effects of intercontinental alliances, and makes some predictions on the future direction of alliance network formation. It also presents the areas of collaboration and joint activities...

Unlike in the US and the European Union aviation markets, the Northeast Asian markets are still very fragmented. As a result, the passenger and air freight collection/distribution systems in the region are very inefficiently organized. The primary reason for the inefficient and inconvenient air...