Showing 1 - 10 of 36
This paper reviews the economic literature relating to aviation safety; analyzes the safety record of commercial passenger aviation in the United States and abroad; examines aviation security as a growing dimension of aviation safety; and identifies emerging issues in airline safety and challenges...
Persistent link: https://www.econbiz.de/10010868650
We investigate the sustainability of vertical contracts between airports and airlines. We focus on the case of Quantity Forcing contracts, with a theoretical model that accommodates changes to the contracts' clauses or environments in a two period game, since contracts often include clauses that...
Persistent link: https://www.econbiz.de/10010930571
Past research on the allocation of factor inputs for the airline industry suggests an overutilization of labor relative to other inputs immediately following deregulation. This study argues rigid work rules in conjunction with productivity improvements of nonlabor inputs may create an incentive...
Persistent link: https://www.econbiz.de/10010930573
By adding fuel surcharges to base fares, airlines pass on the impact of higher jet fuel prices to consumers. Given the wide range of design options for fuel surcharge schemes, the reduced price transparency and the question of fair cost recovery, fuel surcharges have become a consumer protection...
Persistent link: https://www.econbiz.de/10010930574
Ramsey pricing is considered to be a quasi-optimum pricing scheme designed for a multiproduct natural monopolist. Ramsey prices are optimal for airports with cost recovery problems, but are inefficient for busy airports. If so then it is interesting to check if current charges are close to the...
Persistent link: https://www.econbiz.de/10010930575
The article first reviews the charge scheme used to finance the airport infrastructure in Norway. Then an econometric approach is taken using empirical data for production and costs from 2007 to 2009 in order to derive long-run marginal costs for passengers and air traffic movements at Norwegian...
Persistent link: https://www.econbiz.de/10011039300
From a theoretical prospective, marginal costs are one of the main determinants of pricing policy. However, their complexity and to some extend the artificiality of marginal costs makes the concept very unpopular among practitioners, also in the aviation industry. Nevertheless, in this paper we...
Persistent link: https://www.econbiz.de/10011039315
Standard cost-benefit analysis (CBA) does not take into account induced demand due to relocation triggered by infrastructure investments. Using an integrated transport and land-use model calibrated for the Stockholm region, we explore whether this has any significant impact on the CBA outcome,...
Persistent link: https://www.econbiz.de/10011115784
Urban transport problems are increasingly being tackled as part of integrated land use/transport strategies. Thredbo 12 discussed high level goals against which urban public transport systems and services should be assessed and highlighted the importance of taking an integrated approach to land...
Persistent link: https://www.econbiz.de/10011115794
Urban public transport is currently facing increasing difficulties to obtain funding. While the priority is given to sustainable mobility in cities, the development of the supply leads to increasing operating costs, but the receipts from customers is insufficient to cover the expenses. Taking...
Persistent link: https://www.econbiz.de/10011115807