The 2008 credit crunch and the subsequent economic crisis ended a period that lasted over two decades wherein international seaports around the globe experienced double-digit volume increases. This chapter provides an analysis of the structural effects that the crisis has on seaports, focusing...

Discussions of how changes in exchange rates impact on international airlines tend to be ambivalent. In this paper, it is shown that the relative cost competitiveness of an international airline will decline when there is an exchange rate appreciation in its home country - as will be the case...

This paper measures the effect of low-cost carriers (LCCs) on British regional airports' commercial revenue using panel data analysis. The evidence shows that although LCCs have significant impact on airports' commercial revenue, their contribution is smaller compared to other carriers. The...

Airfare elasticities are crucial for policy instruments for the stakeholders of tourism industry. Modellers attempting to estimate these elasticities face several challenges in the absence of microeconomic data on consumer preferences. The aim of this paper is to offer a critical analysis of the...

This paper investigates the major impacts of the financial tsunami on the maritime industries, notably port and shipping. The maritime industries are still reeling from market declines, with stakeholders still attempting to weather the storm as best as they can through various strategies....

Transportation is not only a key component of the tourism value chain, but it is also a critical management consideration in shaping tourism's environmental footprint. Transportation consumes the greatest portion of the energy used in the tourism system. Most of this consumption is associated...