Despite the explosive growth of the Chinese aviation sector and the major industry reforms undertaken in recent decades, the Chinese domestic market remains highly concentrated with a significant element of regulation and governmental control in areas such as market entry and airline fleet...

This paper examines the forms and effects of vertical relationships between airports and airlines with a focus on the North American and European aviation markets. We find that such vertical relationships enables those participating to achieve various benefits and may be formed as a competitive...

This paper compares productive efficiency for 50 major airports in Asia Pacific, Europe and North America by computing gross total factor productivity (TFP), further analysing TFP by regression models, and then computing ‘residual’ TFP after removing the effects of the factors...

In the past decade, the Chinese airline industry experienced extraordinary growth in size and profitability. However, no quantitative study has investigated the performance of Chinese airlines in terms of productivity and cost competitiveness. This study investigates the leading Chinese...

This paper describes an approach to forecasting air transportation demand that was performed as part of a feasibility study for the rehabilitation of Bishkek-Manas International Airport located in Bishkek, the capital of the Kyrgyz Republic. Since its separation from the former Soviet Union in...

Our focus is the evolution of business strategies and network structure decisions in the commercial passenger aviation industry. The paper reviews the growth of hub-and-spoke networks as the dominant business model following deregulation in the latter part of the 20th century, followed by the...

In this paper, we apply insights from the economics of franchise contracts to the governance of airports and the evolution of airport policy in Canada. Some aspects of the devolution of airports in Canada could be consistent with a ‘public franchise’ approach to airport policy. An...

In this paper, the sources of competitive advantage of low-cost carriers such as Southwest, Ryanair and easyJet are identified. Many have looked to these carriers’ operational efficiency as their source of advantage, but the choice of business model with point-to-point service provides...

There is a large literature on the international transmission of financial and other economic crises. This paper borrows from macroliterature to study an industry specific issue. It examines the impact of an industry specific real shock on firms within that industry, but in countries other than...

This paper provides an overview of how the new economy and the Internet have and are likely to change the conduct of business. The Internet creates value on both sides—on the demand side by allowing firms to customize to suit specific consumer needs and on the supply side by reducing...