Michael Beesley (1999) was critical of the approach used in the UK to regulate its major airports. In the case of Heathrow, in particular, he argued that price-cap regulation was inappropriate. In this paper David Starkie, after examining some unusual economic characteristics of the airports...

In the airports industry, there is a trade off between imperfect (or monopolistic) competition and economic regulation (with the latter introducing separate economic distortions). The nature of the imperfectly competitive market in the supply of airport services is examined and it is suggested...

A number of studies are taking place to see if there is a viable market for a very large civil aircraft capable of carrying in excess of 600 passengers. The development and launch costs of such an aircraft are very high. Based on indicative costs reported in the press, estimates are derived of...