Yetiskul, Emine; Matsushima, Kakuya; Kobayashi, Kiyoshi - In: Research in Transportation Economics 13 (2005) 1, pp. 143-163
In the past decade, low-cost carriers that offer point-to-point connections with frequent services have been consistently more profitable than those operating hub-and-spoke networks. Therefore, we study the advantages of each network as compared with the other. In addition to actual fares, time...
