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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 …
Persistent link: https://www.econbiz.de/10012171806
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. …
Persistent link: https://www.econbiz.de/10011739415
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 …
Persistent link: https://www.econbiz.de/10011715887
Persistent link: https://www.econbiz.de/10013260038
This paper investigates the nature of day-to-day competition between flights using a unique panel data set on prices …
Persistent link: https://www.econbiz.de/10011114186
propositions state that hub airlines and hub airports seek specialized governance structures, while value-based carriers and base …
Persistent link: https://www.econbiz.de/10005162797
to passengers of increased competition between airlines may be (more than) absorbed by the unregulated airports through …Liberalisation has affected all parts of the air travel industry, with airports as well as airlines increasingly run on … commercial lines. This paper models interactions between airports and airlines to show that, for example, the potential benefits …
Persistent link: https://www.econbiz.de/10005628492
In this study we analyze the determinants of airline price dispersion. We particularly concentrate on the conduct and marginal cost efficiency. The effect of conduct on price dispersion seems to depend on the characteristics of the market. For the big city routes, we observe positive effect; and...
Persistent link: https://www.econbiz.de/10012971687
, competitive asymmetry, presuming that the competition among the companies is not equal and rivals do not consider each other at … variables have an effect on competitive tension among airlines, airlines operating in the domestic air transport market in …
Persistent link: https://www.econbiz.de/10012302774
Competition in airline markets may be tough. In this context, network carriers have two alternative strategies to …
Persistent link: https://www.econbiz.de/10008499822