Der Markt für Flugverkehr ist durch einen intensiven Wettbewerb gekennzeichnet. Dabei handelt es sich um eine Branche, die traditionell durch eine hohe Regulierungsdichte gekennzeichnet war. Im Zuge der Liberalisierung erhöhte sich der Wettbewerbsdruck weiter. Korrespondierend veränderten...

Der Markt für Flugverkehr ist durch einen intensiven Wettbewerb gekennzeichnet. Dabei handelt es sich um eine Branche, die traditionell durch eine hohe Regulierungsdichte gekennzeichnet war. Im Zuge der Liberalisierung erhöhte sich der Wettbewerbsdruck weiter. Korrespondierend veränderten...

Conventional economic wisdom suggests that congestion pricing would be an appropriate response to cope with the growing congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive congestion prices equal to the value of marginal...

This paper analyzes the relative economic power position of home carriers in hub-and-spoke systems. Hub-and-spoke systems may lower costs on densely traveled routes and enable economically viable operations on less densely traveled routes. The reverse side is probably that carriers enjoy...

In the last two decades, airline alliances were not only successful in extending the size of their networks, but also received approvals by public authorities to intensify their cooperation through to merger-like revenue-sharing joint ventures (JVs). We empirically investigate the impact of the...

The likely resurgence of air traffic in the U.S. means that airport congestion is a problem that must soon be confronted by policy makers. As part of their policy response, it is probable that some form of congestion pricing will be imposed at selected U.S. airports in the relatively near...