This paper analyses the value determinants for both airports and airlines. The analysis is based on a sample of 24 airport operators and 87 airlines, listed on international financial markets on 31 December 2007. We analyse the value drivers for both airlines and airports by studying the...

This paper investigates the connectivity of the airport networks in China, Europe and US. Our aim is to analyze which network is most beneficial to final passengers in terms of travel time and which of the network features lead to such a result. A time-dependent minimum path approach is employed...

We develop a test for vertical collusion between airports and airlines in the case of two different scenarios. In the first scenario there is one airport and one airline; this intends to depict the case of airports that do not compete with any other one. In the second, we consider two competing...