Purpose – The purpose of this paper is to investigate vertical interfirm relationships with direct competitors – also referred to as vertical “coopetition” – in entrepreneurial firms. Specifically, this study explores the reasons for why entrepreneurial firms engage in vertical...

Over the last decade the airline industry has experienced extreme financial adversity. Whilst external low probability but high impact factors have been partially to blame some airlines have done worse than others. Predicting differences in airlines' financial performance is of interest for...

This research summarises the aviation CO2 emissions studies that use the Intergovernmental Panel on Climate Change IS92 and Special Report on Emissions Scenarios storylines as GDP growth assumptions to estimate future global carbon dioxide emissions from the aviation sector. The inter-quartile...

This paper analyses the unit cost effects of mergers and acquisitions (M&As) using linear, quadratic, and translog cost functions. In addition to a basic unit cost model we specify separate models for distress, profit, relative size, and cost difference, among the merging firms. We use a sample...

The case describes how WOW air (WOW) evolved from a struggling point-to-point low-cost airline to a hub-and-spoke low-cost long-haul airline (LCLH). In the process the airline rewrote the business model for LCLH and transformed itself from a fringe operator to a fully-fledged airline operating a...

European air transport policy, emerged through the confluence of case law and legislation, in four broad areas: liberalization, safety and security, greening, and the external policy. Following the implementation of the single market for air transport, policy shifted to liberalizing and...

The purpose of this study is to understand financial and behavioural influences on the export status of small and medium-sized enterprises (SMEs) in an emerging economy. In particular, we tested the direct effects of perceived costs, internal financial resources and external capital constraint...

This paper studies the influencing factors on entry (certification) of new airlines into the US airline industry over 21 years (1979-1999). These rates exhibit considerable fluctuations over the observed period. We analyze the US airline industry for a period of 21 years to determine the...

This case recites the history of the Boeing 787 partnering process with suppliers. The case covers the complex web of partnerships Boeing was involved in and how relational issues contributed to the long delay and cost overruns of the program. The reasons behind the global partnering strategy...

Entrepreneurs taking advantage of air transport liberalization have searched for ways to challenge the network airlines using the low cost carrier (LCC) model cloned on Southwest Airlines. Low-cost long-haul flights (LCLH) is an extension of this model gaining increased attention around the...