In the last two decades, airline alliances were not only successful in extending the size of their networks, but also received approvals by public authorities to intensify their cooperation through to merger-like revenue-sharing joint ventures (JVs). We empirically investigate the impact of the...

This paper analyzes conditions for co-existence of hub-and-spoke and point-to-point networks in the airline industry, in which case passengers are segmented between the non-stop and one-stop services. In the baseline model, the monopoly airline's ability to segment the market and effectively set...