Using more than 10 million on-line fares, we study the determinants of yearly fares' changes in June 2002-June 2005. We verify whether airlines took advantage, after the Euro introduction, of potential inflationary pressures by increasing their fares more in routes to Eurozone nations. The...

It goes without saying that maintaining connections with remote, secluded areas constitutes a valid reason for public authorities’ involvement. Such intervention is necessary due to fact, that small local communities would usually be unable to generate enough demand to commercially justify...