In this paper we analyze empirically the patterns of inter-firm rivalry between low-cost carriers (LCCs) and full-service carriers (FSCs) by carrier and airport base, and demonstrate what the social welfare gains were, using 1163 samples of U.S. cross-sectional data of 1998. Our main findings...

While many industries reach a point of maturation, the airline industry is evolving to incorporate flexible strategies for business models that adapt to the changing economic environment. New business opportunities have emerged as a result of a variety of internal and external forces. This paper...

National airlines dominated international aviation in Europe for almost 70 years. They also dominated policy and achieved identification of the national airline interest with the national interest in the era of protectionism. The success of Aer Lingus in achieving regulatory capture of policy...

This paper uses a large database of approximately 37,000 passengers and three different estimates to analyse the characteristics of the frequent flyer and the differences between frequent flyers and occasional flyers. The results show that frequent flyers are middle-aged men with a high level of...

Untersucht wird die Entstehung und anschließende Entwicklung der Low-Cost Carrier (LCC) auf der Ebene einer explorativen Analyse im europäischen Luftverkehrsmarkt. Folgende Aspekte stehen hierbei im Mittelpunkt der Betrachtung: (1) Marktstruktur und Marktentwicklung (2) existierende...

The paper estimates the effects of entry by low-cost carrier JetBlue Airways in long-haul domestic U.S. airline markets. For the period from 2000 to 2009, we find that non-stop fares were on average about 21 percent lower post-entry; however, the magnitude of the price effect depends on the...

Untersucht wird die Entstehung und anschließende Entwicklung der Low-Cost Carrier (LCC) auf der Ebene einer explorativen Analyse im europäischen Luftverkehrsmarkt. Folgende Aspekte stehen hierbei im Mittelpunkt der Betrachtung: (1) Marktstruktur und Marktentwicklung (2) existierende...

This paper empirically analyzes dynamic change in inter-firm rivalry betwee Japanese low-cost carriers (hereafter, LCCs) and full-service carriers (hereafter, FSCs), by estimating each carrier' s conduct parameters, and it deduces the dynamic change in consumer surplus after an LCC enters a...

This paper investigates how the entry of low-cost carriers in Southern Italy has supported local and regional economic development in different ways: spreading the traffic demand during the year, increasing the rate of international tourism, generating new jobs and improving the income of the...