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A comprehensive industry analysis of the Air Transport Industry in the Philippines as of 2023. Includes key information …
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We study relational contracts as a means to govern transactions across firm boundaries. We focus on the airline … for performance and long-term profitability. While outsourcing reduces the operating costs of major airlines, it increases … shock, we find that, consistent with the centrality of relational contracts in governing airline partnerships, outsourced …
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This paper investigates the determinants and competitive effects of legacy carriers' outsourcing decision with … independent regional airlines. Legacy carriers allocate a larger share of their operations to an independent regional airline … partner compared to their own fleet or a wholly owned regional airline on routes that experience stronger competition …
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