Showing 1 - 10 of 266
Safety, fast and regularity were and continue to be the Civil Aviation’s objectives; their order invariably defines their importance. This means civil aviation firstly strives safety and after, all other objectives follow. Thus, as industry advanced toward the attainment of safety by means of...
Persistent link: https://www.econbiz.de/10011258958
The performance of an airport and its efficiency has been measured generally from its operational and financial data, and on that basis, classified its relative position in the set of airports. But this methodology, by itself, is insufficient to determine relationships between a given position...
Persistent link: https://www.econbiz.de/10011260847
This paper estimates the demand for flights in an international air travel market using a unique dataset with detailed information not only on flight choices but also on contemporaneous prices and characteristics of all the alternative non-booked flights. The estimation strategy employs a simple...
Persistent link: https://www.econbiz.de/10011111094
This paper uses an original panel dataset with posted prices and sales to estimate a dynamic demand. We find that consumers become more price sensitive as time to departure nears which is consistent with having lower valuations. This result provides empirical support to a key theoretical...
Persistent link: https://www.econbiz.de/10011112495
The aim of this paper is to estimate the economic benefit for the New York Metroplex area of the controller-to-pilot communication standard known as Data-Communication. RAMS simulation software was first used to evaluate the potential impact of the new technology on airport operations in the...
Persistent link: https://www.econbiz.de/10008560489
The Commonwealth's regulation of interstate aviation, in place for over thirty years, came to an end at midnight on 30 October 1990. This study reviews the developments in the last few months of regulation and in the first year of deregulation. Based on the first year's evidence, deregulation of...
Persistent link: https://www.econbiz.de/10005836229
International civil aviation has without doubts worked as one of the strongest drivers of globalization for the past 30 years. It is paradoxical that although it helped liberalize multiple industries, the aviation sector itself remains highly protectionist, governed by 60-year-old framework of...
Persistent link: https://www.econbiz.de/10005836328
During the last two decades the European airport industry is liberalised and turned to competitive market environment. This fact attracts an increasing scientific and practical interest to analysis of airport efficiency and its determinants, as well as different aspects of airport competition....
Persistent link: https://www.econbiz.de/10011257832
We provide a practical method to estimate the payoff functions of players in complete information, static, discrete games. With respect to the empirical literature on entry games originated by Bresnahan and Reiss (1990) and Berry (1992), the main novelty of our framework is to allow for general...
Persistent link: https://www.econbiz.de/10011258435
This paper studies the relationship between demand uncertainty—the key source of excess capacity—and capacity utilization in the U.S. airline industry. We present a simple theoretical model that predicts that lower demand realizations are associated with higher demand volatility. This...
Persistent link: https://www.econbiz.de/10011259875