The recent merger between US Airways and American Airlines was approved by federal and state antitrust authorities … anticompetitive effects from this merger. The economics literature offers many reasons why such stock-market event studies should not … unrelated to competitive harms, such as when a merger changes expectations that one or more rivals will be “in play” (i.e., a …

. We conduct a comprehensive investigation of the effect on fares and output of these legacy airline mergers to determine …

We examine how mergers affect quality provision by analyzing five U.S. airline mergers, focusing on on-time performance … (OTP). We find that airline mergers have minimal negative impacts on OTP, and likely result in long-run improvements due to … efficiencies. Importantly, we show that this finding is not driven by post-merger changes in price that could affect on …

We investigate the impacts of five airline mergers on one quality dimension, namely route frequency. We use monthly … airlines, the merger is less detrimental to the frequency, possibly because the merger removes serial marginalization in the … flights, mergers have almost no impact on the frequency. The second set-up uses the market structure before the merger. When …

We investigate the impacts of five airline mergers on one quality dimension, namely route frequency. We use monthly … airlines, the merger is less detrimental to the frequency, possibly because the merger removes serial marginalization in the … flights, mergers have almost no impact on the frequency. The second set-up uses the market structure before the merger …

-held title as the world's largest airline - as well as the failed merger of Greece's two largest airlines, Olympic Air and Aegean … United and Continental merger, explaining pertinent portions of each airline's corporate history over the past 10 years …This Article explores the 2010 merger of United Airlines and Continental Airlines - which usurped Delta's briefly …

This teaching case recites the history of KLM's, the merging process with Air France and post-merger developments. The … case, written from the orientation of KLM, takes place since before the merger until today with full financial details. The … case recites the complex web of alliances KLM was involved in and how the merger with Air France causes Continental and …

In the era of 21 century, for obtaining benefits of synergy merger and acquisitions, commonly known as M&A, are the … of Merger and Acquisition in recent years. This paper has focused on one of these mergers - Air Deccan and Kingfisher … Airlines. The main objective of this paper is to analyze financial performance of Kingfisher Airlines pre- and post-merger …

a structural model to evaluate the effectiveness of alternative slot divestiture schemes in the US airline industry … condition of the American/US Airways merger. Departing from the existing literature, my model accounts for how the number of …) compared to approving the merger without divestiture, but that it re-allocated surplus between consumers in different markets …

I study the pricing behavior of legacy airlines before and after the American Airlines-US Airways merger. Results are … consistent with an increase in price coordination between legacy airlines after the merger. Descriptive evidence suggests the … merger facilitated the observed increase in price coordination. U.S. Airways faced weak incentives to coordinate pricing …