This paper develops a game theoretic model that analyzes the competition for hub location when airlines operate in deregulated intercontinental markets. The whole process is viewed as a dynamic game of complete information played in two stages: location and competition. In the location stage,...

In this paper, we examine different model specifications to detect the presence of preference heterogeneity in an airline choice context. We analyze the most important route connecting the Canary Islands archipelago with the Iberian Peninsula. For this purpose, we conduct a stated preference...

In this paper, we estimate alternative specifications of the Spanish airports' cost function with the objective to provide a comparative analysis on several technological features such as output-specific marginal costs, economies of scale, and the Allen elasticities of substitution. We found...

Different solutions for the integration of high-speed rail (HSR) and air transport could be implemented, ranging from very basic integration to more sophisticated systems which include ticket and handling integration. A discrete choice experiment is conducted to better understand passengers’...

This paper explores the problematic of airport capacity expansions from the perspective of the airport financial management, using the operating costs as the variable of interest. The objective is to provide empirical evidence on the financial advantages of expanding capacity against the...

Benefits and costs associated to hubbing practices of airlines are still subject to much debate. In the previous literature, some standard spatial concentration indices have been proposed to measure it. However, we show that these indices are "ill-defined" because they do not take into account...

The recent economic downturn led to a significant contraction in the global demand for air travel and cargo. In spite of that, airports’ operating costs did not mirror the traffic trends and kept increasing during the same period, showing evident signs of lack of flexibility. With this...