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Codesharing has become an essential tool for airline alliances. This paper investigates the effects of codesharing on …
Persistent link: https://www.econbiz.de/10014076022
This paper examines the economic consequences of code-sharing agreements (CSA) in the airline market. CSA can be viewed …
Persistent link: https://www.econbiz.de/10014077048
This paper provides evidence of the impact on frequencies and airfares of the type of codeshare agreement signed between airlines and the level of liberalization signed between governments in the international aviation market. Our work distills two basic insights: (i) increasing the level of...
Persistent link: https://www.econbiz.de/10014038649
efficiency in production by increasing price rigidity to avoid informational costs. Using panel data from the US airline industry …
Persistent link: https://www.econbiz.de/10012933329
percent on the affected routes. -- Airline industry ; merger ; market power ; efficiencies ; entry-inducing effects …We investigate the competitive effects of the merger between Delta Air Lines and Northwest Airlines (2009) in the … domestic U.S. airline industry. Applying fixed effects regression models we find that the transaction led to short term price …
Persistent link: https://www.econbiz.de/10009661205
I study the pricing behavior of legacy airlines before and after the American Airlines-US Airways merger. Results are … consistent with an increase in price coordination between legacy airlines after the merger. Descriptive evidence suggests the … merger facilitated the observed increase in price coordination. U.S. Airways faced weak incentives to coordinate pricing …
Persistent link: https://www.econbiz.de/10013213866
We analyze the effect of mergers on various aspects of airline performance during the period 1970-84, using a panel … merger was 1.1 percentage points lower, during the five-year period centered on the merger, than that of carriers not … involved in merger. Almost all of this cost reduction appears to have been passed on to consumers. Part of the cost reduction …
Persistent link: https://www.econbiz.de/10014043591
Persistent link: https://www.econbiz.de/10010238410
We study the competitive effects of five liquidations and six mergers in the domestic U.S. airline industry between … larger price increases than mergerrelated exits. Within the merger category, our analysis reveals significant price increases … on all affected routes immediately after the exit events. In the medium and long-run, however, realized merger …
Persistent link: https://www.econbiz.de/10009550127
Persistent link: https://www.econbiz.de/10010235615