Cosmas, Alex; Love, Robert; Rajiwade, Swapnil; Linz, Marco - In: Journal of Air Transport Management 28 (2013) C, pp. 20-25
We segment the U.S. OD markets into peer groups, using a statistical cluster analysis on OD city-pair data on the basis of market concentration, passenger volume and yield. The results show: 1) that high yield markets have, on average, consistently underperformed the industry in both passenger...