flight frequency. Hence, in a merger analysis, we can not only predict changes in flight frequency, but also the relative … consequences of those changes on consumer welfare. In this paper, merger simulations suggest that while passenger volume and … consumer surplus decrease on the aggregate, some markets benefit from welfare gains once merger-induced changes in flight …

America West Airlines - US Airways merger completed in 2005. We find that although average prices increased substantially on … routes in which both airlines competed either on a non-stop or one-stop basis prior to the merger, substantial average price … reductions observed for routes without any premerger overlap suggest that the merger led to a net increase in consumer welfare. …

America West Airlines - US Airways merger completed in 2005. We find that although average prices increased substantially on … routes in which both airlines competed either on a non-stop or one-stop basis prior to the merger, substantial average price … reductions observed for routes without any pre-merger overlap suggest that the merger led to a net increase in consumer welfare …

This paper conducts a retrospective analysis of a unique merger between two low cost carriers: Southwest Airlines and … overlapping markets. The finding shows that following the merger, consumer welfare decreased and airlines' pro ts increased. A … AirTran Airways. The paper begins with a detailed study of price effects for a variety of routes affected by the merger such …

This paper explores the effects of a European airline merger followed by a consolidation of two competing international … alliances. The exercise has been inspired by the Air France-KLM merger, which is expected to spur consolidation of the Northwest …-KLM and SkyTeam alliances into a single mega-alliance. The results of the analysis show that, although the airlines benefit …