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1 kwi 2009 · Summary. This chapter contains sections titled: Airline Terminology and Definitions. Air Transportation Markets. Origin–Destination Market Demand. Air Travel Demand Models. Airline Competition and Market Share. Chapter Summary. References. Citing Literature.
1 lis 2018 · Years ago, airline passengers enjoyed more legroom and in-flight extras—for a price. Find out in the November 2018 issue of Page One Economics® how deregulation increased competition, lowered prices, and created crowded flights.
Abstract. We provide an econometric framework for estimating a game of simultaneous entry and pricing decisions while allowing for correlations between unobserved cost and demand shocks. We use our framework to account for selection in the pricing stage.
Mileage rewards became the common cur-rency of the realm and promoted travel that many customers might otherwise not have been willing to buy. Airlines found value in several characteristics of the loyalty programs: They helped shape customers’ travel decisions through the incentives of the air miles and rewards.
1 wrz 2020 · We constructed a dataset from aircraft-level data for 1267 airlines in 2015. Newer and larger aircraft are more efficient. We find that, ceteris paribus, larger airlines – as measured by total number of seats – have higher fleet fuel economy. This suggests that there are economies of scale in fuel economy choice.
1 sty 2022 · Economic growth and Gross Domestic Product (GDP) in the airline context. Growth in the aviation industry is driven by deregulation, open skies agreements, growth in the economy, and rapid technological change. Airlines have been growing capacity (ASKs) through the expansion of both fleet and network.
1 sty 2023 · The paper identifies a set of explanatory variables as important determinants of airline profitability building upon the extensive airline economics and financial performance literature, as well as relevant academic literature (e.g., Maung et al., 2022; Choi et al., 2019).
