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congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive … congestion prices equal to the value of marginal travel delays a non-optimal response. This paper develops a model of airport … pricing that captures a number of these features. The model in particular reflects (1) that airlines typically have market …
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Introduction -- Taxes and duties -- Airports -- Airlines -- Manufacturers, research and infrastructure -- Regulatory …-internalised externalities are also included. The areas of air transport in which subsidies are identified are airports, airlines and air traffic … airport-related infrastructure are dealt with. The subject is of general and long-term interest. The book is the most …
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This paper analyzes the relative economic power position of home carriers in hub-and-spoke systems. Hub-and-spoke systems may lower costs on densely traveled routes and enable economically viable operations on less densely traveled routes. The reverse side is probably that carriers enjoy...
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world. The direct impact of the air transport sector to Philippine GDP may appear small at 0.61 percent in 2019; but its … airports, and improving existing facilities and technical capabilities, time is crucial and huge investments are needed to …
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