The aim of the paper is to evaluate the effects of the EU-U.S. open skies agreement on the Italy U.S. air transportation market. The EU-U.S. open skies agreement, which came into force in March 2008, is an important example of the liberalization of the air transport industry the goal of which is...

The Directive 2008/101/EC introduces the extension of the European Union Emission Trading Scheme (EU-ETS) to the aviation sector. This decision rises many concerns about the costs that European and no-European companies have to face. The paper aims to provide an estimation of the environmental...

Over the past twenty years the airports sector has faced important changes linked to the liberalization of the sector and to the deregulation of the airlines market. The main changes have touched the governance structure (privatization) and the regulation of the industry. Experts and economist...

Most airports operate under public ownership, while some are privatized and economically regulated. Only a few airports are privately owned and experience little or no ex-ante regulation of airport charges. On the other hand, airports nowadays earn as much revenue from transport-related...

Landing fees at airports are regulated almost all over the world since airports are assumed to abuse their market power. We find that monopolistic airports have an incentive to restrain landing fees when they generate additional non-aviation revenues and that the optimal landing fee decreases in...

This article presents the principal arguments for formal economic regulation of airport operators. It also briefly compares and contrasts the main regulatory systems and provides a simplified overview of the regulatory regimes currently applied at the largest European airports. Finally, a...

Federal government policies are a major cause of high costs throughout the aviation supply chain, often leading Canadians to waste time and money by seeking lower fares at nearby US airports, or not travel at all. High fuel taxes and onerous foreign ownership and airline-specific policies are...

This paper explores the impacts of competition level on airline scheduling in the Korean domestic short-haul routes where a hub-and-spoke system is not the optimal air transport network strategy. The empirical findings using the Korean airline panel data for the period 2006–2010 suggest...

In this paper we develop a model of hub competition, which includes duopolistic Bertrand competition on the downstream market in order to analyze the incentives of hub airports to exploit market power in the transfer passenger market. We find evidence that downstream competition limits hub...

Although the aviation industry is increasingly becoming important for Africa's economic development and integration, the ability of airlines to access foreign markets remains hindered by restrictive regulatory policies. Attempts have been made to fully liberalize the intra-African air transport...