We investigate whether legacy U.S. airlines communicated via earnings calls to coordinate with other legacy airlines in … among airlines about their capacity choices. Estimates from our preferred specification show that when all legacy airlines … reduction materializes only when airlines communicate concurrently, and that it cannot be explained by other possibilities …

airlines, the merger is less detrimental to the frequency, possibly because the merger removes serial marginalization in the … mergers depend on a lagged variable measuring the current market structure. On routes with stronger competition, mergers … decrease the frequency more, possibly due to a larger effect on the market structure. When the merging airlines control all the …

degree of competition on the route and airport. We control for weather, congestion, date, and characteristics of the airport … delay occurrence. Hence, larger airlines seem to offer a higher quality in terms of delays. We also find that an origin … airport with less competition may lead to more delays. Surprisingly, a less competitive route may reduce delays. …

airlines, the merger is less detrimental to the frequency, possibly because the merger removes serial marginalization in the … mergers depend on a lagged variable measuring the current market structure. On routes with stronger competition, mergers … decrease the frequency more, possibly due to a larger effect on the market structure. When the merging airlines control all the …

degree of competition on the route and airport. We control for weather, congestion, date, and characteristics of the airport … delay occurrence. Hence, larger airlines seem to offer a higher quality in terms of delays. We also find that an origin … airport with less competition may lead to more delays. Surprisingly, a less competitive route may reduce delays. …

We investigate whether legacy U.S. airlines communicated via earnings calls to coordinate with other legacy airlines in … among airlines about their capacity choices. Estimates from our preferred specification show that when all legacy airlines … reduction materializes only when airlines communicate concurrently, and that it cannot be explained by other possibilities …

route network expansion of low-cost airlines to identify routes where the probability of future entry increase dramatically … entry occurs. Overall, the main findings suggest that airlines respond to entry threats trading off the benefits of short …

frequency, passenger connecting costs, airline endogenous hub location and route structure strategic competition. We find that …

dispersion increases with competition. We find that competition has a negative effect on price dispersion, in line with the … traditional textbook treatment of price discrimination. Specifically, the effects of competition on price dispersion are most … routes with a more homogeneous customer base, the effects of competition on price discrimination are largely insignificant …