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We estimate a model of service choice and price competition in airline markets, allowing for the carriers that provide … structure and to show how accounting for selection can change predictions about post-merger market power and repositioning, in … ways that are consistent with what has been observed after actual mergers, and possible merger remedies …
Persistent link: https://www.econbiz.de/10012453499
We estimate a model of service choice and price competition in airline markets, allowing for the carriers that provide … structure and to show how accounting for selection can change predictions about post-merger market power and repositioning, in … ways that are consistent with what has been observed after actual mergers, and possible merger remedies …
Persistent link: https://www.econbiz.de/10012929582
The recent merger between US Airways and American Airlines was approved by federal and state antitrust authorities … analyzing the stock-market returns of rival airlines, we find some evidence that stock market investors anticipated … anticompetitive effects from this merger. The economics literature offers many reasons why such stock-market event studies should not …
Persistent link: https://www.econbiz.de/10012889930
Airlines. The main objective of this paper is to analyze financial performance of Kingfisher Airlines pre- and post-merger … been collected from various Annual Reports of Kingfisher Airlines for pre- and post-merger period. Analyses shows that …In the era of 21 century, for obtaining benefits of synergy merger and acquisitions, commonly known as M&A, are the …
Persistent link: https://www.econbiz.de/10012915749
The merger of US Airways ... …
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We examine how mergers affect quality provision by analyzing five U.S. airline mergers, focusing on on-time performance … (OTP). We find that airline mergers have minimal negative impacts on OTP, and likely result in long-run improvements due to … efficiencies. Importantly, we show that this finding is not driven by post-merger changes in price that could affect on …
Persistent link: https://www.econbiz.de/10013033870
airlines, the merger is less detrimental to the frequency, possibly because the merger removes serial marginalization in the …We investigate the impacts of five airline mergers on one quality dimension, namely route frequency. We use monthly … decrease the frequency more, possibly due to a larger effect on the market structure. When the merging airlines control all the …
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