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The domestic airline merger phenomenon of the late 1980s and early 1990s sparked a great deal of Industrial … competitive incentives helps explain domestic airline merger activity. A Cournot model of airline competition illustrates that …
Persistent link: https://www.econbiz.de/10014028041
-held title as the world's largest airline - as well as the failed merger of Greece's two largest airlines, Olympic Air and Aegean … United and Continental merger, explaining pertinent portions of each airline's corporate history over the past 10 years …This Article explores the 2010 merger of United Airlines and Continental Airlines - which usurped Delta's briefly …
Persistent link: https://www.econbiz.de/10013114723
This paper provides evidence of the impact on frequencies and airfares of the type of codeshare agreement signed between airlines and the level of liberalization signed between governments in the international aviation market. Our work distills two basic insights: (i) increasing the level of...
Persistent link: https://www.econbiz.de/10014038649
determinant of the degree of market power that airlines can exert in the international airline industry …
Persistent link: https://www.econbiz.de/10012934920
determinant of the degree of market power that airlines can exert in the international airline industry. …
Persistent link: https://www.econbiz.de/10011583706
Over the last century, the passenger airline industry has undergone a series of transformations, with Lufthansa being a …
Persistent link: https://www.econbiz.de/10014634473
The paper explores the long versus short-term attributes of the airline industry exposure to oil price risk in a … investigate the long-term equilibrium relationship between airline companies' stock prices, oil price risk, financial market … contribution, the paper analyses the prospects and challenges of the airline industry in dealing with oil price risk in the post …
Persistent link: https://www.econbiz.de/10013258732
Persistent link: https://www.econbiz.de/10012506503
Based on a sample of 26 European passenger airlines, this study analyzes the development of airline business models … convergence trend. The present paper complements the mostly qualitative and anecdotal literature on convergence in the airline … the fields of empirical convergence analysis and corresponding strategic airline management. …
Persistent link: https://www.econbiz.de/10010438302
We analyze the effect of privatization on the performance of British Airways by examining the privatization's impact on airfares and competitors' stock prices. We find that stock prices of U.S. competitors fell a significant 7% upon British Airways' privatization, implying expectation of a more...
Persistent link: https://www.econbiz.de/10013122620