Showing 1 - 10 of 314
In this paper a vertical differentiation model is built in order to analyse the effects of subsidies to secondary airports, or of lower prices set by them, on the competition between LCC’s and FSC’s. The Ryanair/ Charleroi agreement is used as an example and as a basis for the model. The...
Persistent link: https://www.econbiz.de/10005032792
This paper analyses the duration of flight delays at Spanish airports. To do so, several hazard models are adopted to take into account the delays observed. The results show that the most important factors are certain airport characteristics and contextual characteristics. The policy...
Persistent link: https://www.econbiz.de/10005761271
This paper presents a modelling framework for Airline Competition Analysis and Demand Modelling (ACADM). The framework adopts a micro-simulation approach in which airline service capacity and passenger demand are represented at the finest disaggregate level. The main contribution of this...
Persistent link: https://www.econbiz.de/10005543626
Between 1995 and 2004, I find that airline prices fell more than 20% adjusted for inflation. I also show that premia at hub airports declined and that there is now substantially less disparity between the cheaper and more expensive airports than there was a decade ago. Still, I find that prices...
Persistent link: https://www.econbiz.de/10005412636
<Para ID="Par1">We investigate the competitive effects of exchanges or sales of airport landing slots, using a model where airlines allocate their slot endowments across routes consistent with a Cournot–Nash equilibrium. With symmetric endowments, an increase in the number of slot-holding airlines raises...</para>
Persistent link: https://www.econbiz.de/10011154763
Airlines can use market positioning to identify the major strengths and weaknesses of their services. The empirical analysis examines the international airlines operating on the Taipei–Tokyo and Taipei–Osaka routes. The multiple correspondence analysis results illustrate the...
Persistent link: https://www.econbiz.de/10011162571
A one-shot simultaneous game-theoretic model is applied in a duopoly market to investigate how airport landing fees could influence airlines’ decisions on aircraft size and service frequency. It is found that higher landing fees will force airlines to use larger aircraft and less...
Persistent link: https://www.econbiz.de/10011162690
We conduct event studies and statistical analysis to explore the impact of low cost carriers’ entry on legacy airline stock prices. Oligopoly structures, entry barriers, and high fixed costs make the airline industry highly susceptible to competitive and network expansion impact of low...
Persistent link: https://www.econbiz.de/10011162729
Due to the long stretched shape of the country and sparse population many regions in Norway are dependent on air travel that involves chained trips with two or more legs. Northern Norway and the west coast are particularly dependent on such networks. In these areas a number of short take-off and...
Persistent link: https://www.econbiz.de/10011162755
The paper examines the case of Alitalia, Italy’s former flag carrier, as a case of a state-managed failure. The history of the airline is characterized by a continuous decline in its competitive position since the progressive liberalization of the European aviation market. The root cause...
Persistent link: https://www.econbiz.de/10011162781