This paper examines US airline mergers between 1993 and 2018 and studies their impact on the labor market. Our … findings are consistent with the impact of merger-induced monopsony power discussed in recent literature and offer important …

The recent merger between US Airways and American Airlines was approved by federal and state antitrust authorities … anticompetitive effects from this merger. The economics literature offers many reasons why such stock-market event studies should not … unrelated to competitive harms, such as when a merger changes expectations that one or more rivals will be “in play” (i.e., a …

This paper uses merger simulations to predict post-merger prices for six major airline mergers from the 1980's, and … compares these predictions with actual post-merger prices. Simulations which incorporate varying degrees of post-merger … of the post-merger price change, but should not be expected to account for all of it. Changes in marginal cost or firm …

We use a difference-in-difference estimator to examine the effects of a merger involving three airlines. The novelty …

This paper studies the coordinated effects of the merger between American Airlines and USAirways by examining the … extent to which the connecting prices of the nonmerging legacy carriers(Delta and United) evolved when the merger eliminated … potential importance of connecting services in merger analysis in the airlineindustry …

We investigate the impacts of five airline mergers on one quality dimension, namely route frequency. We use monthly … airlines, the merger is less detrimental to the frequency, possibly because the merger removes serial marginalization in the … flights, mergers have almost no impact on the frequency. The second set-up uses the market structure before the merger …

The United States airline industry underwent considerable consolidation in a six-year period from 2008-2013, shrinking … from seven major airlines to four major airlines due to three airline mergers. This paper will examine the pricing behavior … experience modestly higher fares (6-10%) by both rivals and merging surrounding the merger announcement. These higher fares …

This teaching case recites the history of KLM's, the merging process with Air France and post-merger developments. The … case, written from the orientation of KLM, takes place since before the merger until today with full financial details. The … case recites the complex web of alliances KLM was involved in and how the merger with Air France causes Continental and …

full-service carrier by a low-cost airline in Brazil. We account for the bankrupt carrier's survival network design … uncover survival pricing behavior stemming from SNDS and a permanent price drop induced by the merger, shedding light on the … role of bankruptcy protection in the airline industry …

obtain abnormal returns that are statistically significant after the announcement of the M&A. However, when the merger is not …