The connectivity provided by full-service network carriers under the umbrella of airline alliances is increasingly challenged by the services of Middle Eastern airlines via their own hubs, and the rise of new passenger strategies like self-connectivity. While these two developments can...

This paper investigates the effect of natural disasters on tourism expenditure. We exploit the natural experiment of the recent volcanic eruption in La Palma (2021), an island in the archipelago of Canary Islands (Spain), to analyze the effect of the volcanic eruption on both aggregate...