This paper compares the decisions of the European Commission on airline merger cases. The authors provide an overview of the merger decisions between 1996 and 2009 and analyze the definitions of the relevant market applied in each case. First, it considers the relevant market definition develop...

This paper analyzes the performance of the Central and Eastern Europe airline industry through the lens of the “Permanently Failing Organization†(PFO) framework. Based on elite interviews from management in the three airlines but also from other organizations within the industry, it...

We document and analyze events that followed bankruptcy of Malév Hungarian Airlines on February 3, 2012. Most of the new services post-bankruptcy came from low-cost point-to-point carriers. Flight frequency offered by such carriers is lower than what was offered by the network airline. Yet,...