This paper develops an events study to investigate the price effects of the acquisition of a financially distressed full-service carrier by a low-cost airline in Brazil. We account for the bankrupt carrier's survival network design strategies (SNDS) pursued during reorganization, which may be a...

This paper develops a model of post-liberalization price competition between airlines on the route Rio de Janeiro - São Paulo. The intense price competition episode culminated in the rupture of a thirty-nine year-old cooperative structure - the air shuttle service cartel. By modeling and...