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Airline Schedule Recovery after Airport Closures : Empirical Evidence Since September 11th

Rupp, Nicholas G.; DeSimone, Jeffrey S.; Holmes, George M. - 2021

Since the September 11, 2001 terrorist attacks, repeated airport closures due to potential security breaches have … irregular operations. Our results indicate that while outcomes of flights scheduled during airport closures are difficult to … likelihood of continued security-related airport closings, understanding the factors that determine schedule recovery is …

Persistent link: https://www.econbiz.de/10013246975

Do Airline Bankruptcies Reduce Air Service?

Borenstein, Severin; Rose, Nancy L. - 2021

The airline industry's current financial crisis has raised concerns over the ramifications of airline bankruptcies for air service and the economy. Such bankruptcies, however, nearly always occur when demand is weak, and, thus, when even healthy airlines are inclined to reduce flights. Moreover,...

Persistent link: https://www.econbiz.de/10013230365

On the Persistent Financial Losses of U.S. Airlines : A Preliminary Exploration

Borenstein, Severin - 2011

U.S. airlines have lost nearly $60 billion (2009 dollars) in domestic markets since deregulation, most of it in the last decade. More than 30 years after domestic airline markets were deregulated, the dismal financial record is a puzzle that challenges the economics of deregulation. I examine...

Persistent link: https://www.econbiz.de/10013130786

An Economic Study of U.S. Aircraft Hijacking, 1960-1976

Landes, William M. - 2010

This study attempts to explain the general pattern of aircraft hijacking in the U.S. between 1361 and 1976, the reasons for the dramatic reduction in hijackings after 1972, and the costs and benefits of regulation instituted in 1973 that required mandatory preboarding searches of all passengers...

Persistent link: https://www.econbiz.de/10013139757

Do Airlines in Chapter 11 Harm Their Rivals? Bankruptcy and Pricing Behavior in U.S. Airline Markets

Borenstein, Severin; Rose, Nancy L. - 2021

The behavior of firms in financial distress has attracted considerable academic and policy interest in recent years. The turmoil in the U.S. airline industry has triggered much of the public policy discussion, as some observers have argued that airlines in financial distress, particularly those...

Persistent link: https://www.econbiz.de/10013232906

The Effects of Mergers on Prices, Costs, and Capacity Utilization in the U.S. Air Transportation Industry, 1970-84

Lichtenberg, Frank R.; Kim, Moshe - 2021

We analyze the effect of mergers on various aspects of airline performance during the period 1970-84, using a panel data set constructed by Caves et al. Estimates derived from a simple "matched pairs" statistical model indicate that these mergers were associated with reductions in unit cost. The...

Persistent link: https://www.econbiz.de/10013211662

Accounting for Price Endogeneity in Airline Itinerary Choice Models : An Application to Continental U.S. Markets

Lurkin, Virginie - 2016

Network planning models, which forecast the profitability of airline schedules, support many critical decisions, including equipment purchase decisions. Network planning models include an itinerary choice model that is used to allocate air total demand in a city pair to different itineraries....

Persistent link: https://www.econbiz.de/10012981108

Competition and Price Dispersion in the U.S. Airline Industry

Borenstein, Severin; Rose, Nancy E. - 2021

This papers analyzes dispersion in the prices that an airline charges to different customers on the same route. Such variation in airlines fares is substantial: the expected absolute difference in fares between two of an airline's passengers on a route averages thirty-six percent of the...

Persistent link: https://www.econbiz.de/10013229357

The Structure of Production, Technical Change and Efficiency in a Multiproduct Industry : An Application to U.S. Airlines

Good, David H.; Nadiri, M. Ishaq; Sickles, Robin C. - 2022

In this paper we construct a short run model of the firm describing the behavior of thirteen U.S. airlines during the difficult transition to deregulation. Several modeling scenarios are developed to assess three common assumptions in cost studies: the use of time as a proxy for technological...

Persistent link: https://www.econbiz.de/10013324615

Airports and Urban Growth : Evidence from a Quasi-Natural Policy Experiment

Blonigen, Bruce A. - 2012

While significant work has been done to examine the determinants of regional development, there is little evidence on the contribution of air services toward this outcome. This paper exploits the unexpected market changes induced by the 1978 Airline Deregulation Act to bring new evidence on the...

Persistent link: https://www.econbiz.de/10013102197

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