Showing 1 - 10 of 251
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...
Persistent link: https://www.econbiz.de/10011334350
Frequent Flier Programs (FFPs) are said to impact airline consumer behaviour such that revenue of sponsoring airlines increases. Prior research relies on aggregate industry data to study FFPs. We examine the impact of FFPs on individual consumer behaviour in a quasi-natural experimental set-up...
Persistent link: https://www.econbiz.de/10010510073
This paper uses an original panel dataset with posted prices and sales to estimate a dynamic demand. We find that consumers become more price sensitive as time to departure nears which is consistent with having lower valuations. This result provides empirical support to a key theoretical...
Persistent link: https://www.econbiz.de/10011402309
Low-cost airlines in Mexico affect the lowest-quoted fares of one of the two principal incumbent carriers, but have no effect on the lowest-quoted fares of the other incumbent carrier. The same conclusion holds for competition between incumbent carriers where the lowest-quoted fares of one of...
Persistent link: https://www.econbiz.de/10013128852
This paper uses an original panel dataset with posted prices and sales to estimate a dynamic demand. We find that consumers become more price sensitive as time to departure nears which is consistent with having lower valuations. This result provides empirical support to a key theoretical...
Persistent link: https://www.econbiz.de/10013001154
We use unique data sets with round-the-clock posted fares and a regression discontinuity design to identify price discrimination in advance-purchase discounts. Price discrimination increases fares by 14% between two and one week before departure, and by 7.6% between three and two weeks to...
Persistent link: https://www.econbiz.de/10012968614
American, Delta, and United have organized their operations into extensive hub-and-spoke networks that typically require passengers originating and concluding travel in non-hub cities to board a connecting flight at a hub en route to the final destination. From the passenger perspective,...
Persistent link: https://www.econbiz.de/10012853304
A study on marketing mix and decisional factors on airline carrier among Thai freight forwarder aims to investigate the general behavior of the airline carrier selective decision for the freight forwarder in Thailand. It focuses on the use of international outbound freight services in Bangkok...
Persistent link: https://www.econbiz.de/10012933607
This paper estimates the relationship between the strength of economic shocks and temporal recovery in the world air transport industry. Our results show that world recovery of passenger demand to pre-COVID-19 levels is estimated to take 2.4 years (recovery by late-2022), with the most...
Persistent link: https://www.econbiz.de/10012831739
The objective of this study is to provide evidence on the accuracy of merger simulation methods, which have become common instruments to evaluate ex-ante the effects of complex transactions. In particular, I study the price effects of one of the most important mergers in the U.S. airline...
Persistent link: https://www.econbiz.de/10012845519