Many firms offer “core” and “side” goods in the sense that side-good consumption is conditional on core-good consumption. Airports are a common example where the supply of runway and terminal capacity is the core good and the supply of various concession services (for example, car rental...

While airport aeronautical charges are traditionally aircraft weight related, currently an increasing share of aeronautical airport revenues is derived from passenger related charges. This paper compares the optimal mix of per-passenger and per-flight based (cost recovering) airport charges from...

This chapter provides an overview of some of the practical issues facing a regulatory office seeking to use benchmarking to set a price cap at an airport. The focus is on operating costs, rather than commercial revenues (under a single till) or capital costs. Top­down as well as bottom­up...

Competition is a dynamic process in which firms vie for advantage; regulation is typically a set of static rules. On the face of it, there is a potentially serious conflict between the two. This paper reviews the EU's regulations dealing with administrative slot allocation, drawing in particular...

"This book provides a comprehensive guide to the economics of airports for all managers, regulators and educators within the aviation industry. Written by three renowned experts but made accessible and relevant for all those working within the industry, or aspiring to do so, it is the perfect...