Showing 1 - 10 of 52
airline industry to assess how price discrimination can expose airlines to aggregate-demand fluctuations. Performing a panel …
Persistent link: https://www.econbiz.de/10010292230
This paper provides theory and evidence on airline bag fees, offering insights into a real-world case of product unbundling. The theory predicts that an airline's fares should fall when it introduces a bag fee, but that the full trip price (the bag fee plus the new fare) could either rise or...
Persistent link: https://www.econbiz.de/10010322994
pricing that captures a number of these features. The model in particular reflects (1) that airlines typically have market …
Persistent link: https://www.econbiz.de/10010324757
This paper analyzes the relative economic power position of home carriers in hub-and-spoke systems. Hub-and-spoke systems may lower costs on densely traveled routes and enable economically viable operations on less densely traveled routes. The reverse side is probably that carriers enjoy...
Persistent link: https://www.econbiz.de/10010325384
-speed rail, hub and spoke legacy airlines and low cost carriers, maximize profit functions via prices, frequency and train …
Persistent link: https://www.econbiz.de/10010325992
Warren Buffett once famously stated that airlines were infamous for destroying shareholder value . His hindsight … explain the difficulties most airlines have to tackle on a daily basis. The idea of aviation management as event management is … complex to produce. This underlying conundrum is one of the central challenges airlines need to confront when trying - hard at …
Persistent link: https://www.econbiz.de/10011984288
airlines, the merger is less detrimental to the frequency, possibly because the merger removes serial marginalization in the … decrease the frequency more, possibly due to a larger effect on the market structure. When the merging airlines control all the …
Persistent link: https://www.econbiz.de/10011819472
delay occurrence. Hence, larger airlines seem to offer a higher quality in terms of delays. We also find that an origin …
Persistent link: https://www.econbiz.de/10011819492
features, and network structure, using a detailed and realistic theoretical model of competing duopoly airlines. These impacts …
Persistent link: https://www.econbiz.de/10010271852
This paper offers the first formal economic analysis of carve-outs under airline antitrust im- munity. Carve-outs are designed to limit the potential anticompetitive effects of cooperation by alliance partners in hub-to-hub markets, where they provide overlapping nonstop service. While the paper...
Persistent link: https://www.econbiz.de/10010271860