The objective of this paper is relatively straightforward, suggesting "what international air passenger travel will look like in five, ten or fifteen years and why?" This requires answering two questions; what will be the principal determinants of the growth in international air travel and what...

This paper develops a model that measures the equilibrium changes and welfare consequences of liberalizing the fare, entry and service levels of a bilateral air transport agreement. The model also provides measures of the distribution of gains and losses across the consumers and airlines of each...