This article investigates to what extent an airline's financial distress impacts its pricing behavior. While prior research suggests that, on average, distressed airlines sell at lower fares, it is hypothesized that the magnitude of this effect may depend on certain firm and market specific...

This study presents a time series examination of price premiums in the US airline industry. Price premiums are defined as price markups due to domination and concentration at the airport and route market levels. The differential effect of these price premium drivers is empirically investigated,...

This paper examines the impact of firm financial distress and bankruptcy on an airline's pricing behaviour. Three theoretical rationales are set forth: the supply-side rationale suggests that the bankrupt firm's lower operating costs may result in lower prices; from a demand perspective,...

The US–Canadian air traffic market is one of the largest international markets in the world – estimated at 23million passengers in 2008. The market is currently regulated by an “Open Skies” agreement, which eliminated all restrictions on the frequency of flights, the aircraft flown, and...

In recent years the measurement of productivity has increasingly focused on measuring total factor productivity or TFP. Additional research has investigated the reasons for differences in TFP between firms. The implicit assumption behind this work is that simpler measures of industry...

Traditional analysis of multi-point competition suggests that firms compete less intensely with one another when they have strategic contacts across multiple markets. However, this mutual forbearance argument has not incorporated production cost differences between firms as moderating factors....

An examination is conducted on the effects of three airport barriers to entry - slot controls, gate constraints, and gate utilisation during peak operating periods - on both yields and entry in the US airline industry.Data aregathered on allentries into thetop 500 US non-stop city pair markets...

This paper analyzes the implementation of transshipments among competing firms and the impact of transshipments on their inventory replenishment decisions. Previous studies have shown that transshipments, when implemented between stocking locations operating in the same echelon, improve firm...

A comparison was made of the passenger generating capacity of North American and European carrier hubs, using data from 1990. It was found that European carrier hubs were more effective at generating trans-Atlantic traffic than US and Canadian carrier hubs were. However, when US carrier...

This paper undertakes two tasks: measurement of seaport infrastructure productivity growth in North America from 1984 to 1997, and exploration of several theorized causal relationships between infrastructure productivity and industry structure and conduct. A methodology is presented, data...