Alderighi, Marco; Cento, Alessandro; Nijkamp, Peter; … - 2004
develop a model of airline competition, which accommodates various market structures, some ofwhich include low-cost players … rest of Europe, our statistical modelling resu1ts confirm theconclusions of the theoretical model. Competition among FSCs … appears toaffect the price levels of business and leisure segments asymmetrically. Incontrast, competition with LCCs reduces …