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This study investigates the effects of high-speed rail (HSR) services on Chinese airlines. Our analysis suggests that the HSR service will be competitive in terms of network connectivity, total travel time and cost efficiency. On the other hand, growth of the Chinese airline industry has been...
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This study analyzes the effects of demand uncertainty on airport capacity choices. It shows that demand uncertainty will not change optimal capacity choice if demand variation is low and capacity cost is high; otherwise the optimal airport capacity under demand uncertainty will be larger than...
Persistent link: https://www.econbiz.de/10010719823
This paper investigates the effects of concession revenue sharing between an airport and its airlines. It is found that the degree of revenue sharing will be affected by how airlines' services are related to each other (complements, independent, or substitutes). In particular, when carriers...
Persistent link: https://www.econbiz.de/10008868421
This paper studies the competitive and welfare implications when an airport offers airlines the option of sharing its concession revenue. By studying a non-congested airport whose aeronautical charge is regulated, we find that revenue sharing allows the airport and airlines to internalise a...
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