the pricing behaviour of the main European airlines: 1) the extent to which an airline’s dominant position at the origin … airport, at the route and the city-pair level affects the airlines’ market power; 2) whether fares follow a monotonic time …

-cost airlines, EasyJet and Ryanair, each acquiring another low-cost airline, respectively Go Fly and Buzz. We find that both …

The objective of the paper is to elaborate a simulation model to analyse inter and intra-modal competition in the … effect of a kerosene tax. Hence our framework could serve as a tool to measure the effectiveness of competition on a relevant … market or to design marketing strategies. More generally it can be applied in cases of oligopolistic competition when …

of intra-modal competition, and that airlines apply differentiated mark-ups. Besides, consistent with the implementation …-modal competition. To this end, we explore the southern Italian market since it is less accessible by other transport modes and thus … fares are the direct outcome of air-related competition. We show, in fact, that market power matters, depending on the level …

It is often assumed that the airlines’ fares increase monotonically over time, peaking a few days before the departure … departure, which is the period when the airlines can formulate a better prediction for a flight’s load factor. Finally …

We consider an empirical model of worldwide airlines’ alliances that we apply to a large set of companies for the …

cross-price elasticities. From the estimates, we shed light on the fact that many airlines involved in the same alliances … are potential substitutes. We also test for the effects of alliances on airlines’ fares and suggest that airlines inside … alliances cut prices by 5% on average compared to airlines outside alliances. Finally, we construct price-cost margins for each …

competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …