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This paper is based on expert discussions on how airport capacity could be improved to benefit the users of aviation, without building new airport infrastructure. These discussions took place at a Roundtable meeting of 34 experts held in Querétaro, Mexico in March 2017. Roundtable participants...
Persistent link: https://www.econbiz.de/10011747936
This article provides a framework for the analysis of cartel formation. It models the strategic interaction among firms who invest into production capacity, sell a near-homogeneous good, and are subject to unexpected demand shocks with persistence. The firms either compete or collude in prices....
Persistent link: https://www.econbiz.de/10010343755
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Air traffic numbers have been steadily increasing and are projected to so in the future. Most traffic growth pertains to a small fraction of the total available airport capacity worldwide; particularly the main airport hubs present these trends. As a consequence, they are becoming increasingly...
Persistent link: https://www.econbiz.de/10011736006
Since the mid 90's, public transport patronage in Île-de-France (the Paris region) has increased substantially: over the last decade alone a 20% growth was observed. This growth, even though it was an aim of the Sustainable Urban Mobility plan adopted in 2000, was not completely anticipated....
Persistent link: https://www.econbiz.de/10013168280
Many major airports are hubs for network carriers at the same time as serving a large local market. The complementarity between these functions is often seen as a prerequisite for viable hub operations, suggesting that spreading the hub network over multiple airports can be very costly and...
Persistent link: https://www.econbiz.de/10013168366
Expanding airports is a topic which can easily make it to the first page of the national press. But this is highly unlikely as "bad news" is "good news" and most often failures and scandals make it to the front page. Berlin airport or the on-going failure to open up a nearly-complete new airport...
Persistent link: https://www.econbiz.de/10013168368
Like most large cities, Sydney has an airport problem. Demand is increasing faster than supply, and additional capacity will be needed if costly rationing, and delays, are to be avoided. However, compared to many cities, the problems facing Sydney are modest. At the moment, demand is only just...
Persistent link: https://www.econbiz.de/10013168375
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