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partnerships, we find evidence consistent with the airlines operating under antitrust immunity refusing to accept connecting … passengers from the outside carriers at respective hub airports. Following the antitrust immunity, airlines outside the … partnership reduce their traffic to the partner airlines' hub airports by 4.1-11.5 percent. We suggest regulators should take …
Persistent link: https://www.econbiz.de/10010310693
information on dynamics of airline partnerships, we find evidence consistent with the airlines operating under antitrust immunity … airline partnership is granted antitrust immunity, airlines outside this partnership end up reducing their traffic to the … partner airlines' hub airports by 2.6-8.5 percent (depending on the specification and estimation technique involved). Our …
Persistent link: https://www.econbiz.de/10010303009
In the last two decades, airline alliances were not only successful in extending the size of their networks, but also … (JVs). We empirically investigate the impact of the implementation of such joint ventures on both the respective airlines …-5 percent increase in capacity between the respective partner airlines' hub airports; however, this is done at the expense of …
Persistent link: https://www.econbiz.de/10011314569
partnerships, we find evidence consistent with the airlines operating under antitrust immunity refusing to accept connecting … passengers from the outside carriers at respective hub airports. Following the antitrust immunity, airlines outside the … partnership reduce their traffic to the partner airlines' hub airports by 4.1-11.5 percent. We suggest regulators should take …
Persistent link: https://www.econbiz.de/10010985668
partnerships, we find evidence consistent with the airlines operating under antitrust immunity refusing to accept connecting … passengers from the outside carriers at respective hub airports. Following the antitrust immunity, airlines outside the … partnership reduce their traffic to the partner airlines' hub airports by 4.1% to 11.5%. We suggest regulators should take …
Persistent link: https://www.econbiz.de/10011009972
information on dynamics of airline partnerships, we find evidence consistent with the airlines operating under antitrust immunity … airline partnership is granted antitrust immunity, airlines outside this partnership end up reducing their traffic to the … partner airlines' hub airports by 2.6-8.5 percent (depending on the specification and estimation technique involved). Our …
Persistent link: https://www.econbiz.de/10008756428
In the last two decades, airline alliances were not only successful in extending the size of their networks, but also … (JVs). We empirically investigate the impact of the implementation of such joint ventures on both the respective airlines …-5 percent increase in capacity between the respective partner airlines’ hub airports; however, this is done at the expense of …
Persistent link: https://www.econbiz.de/10011316436
We consider an empirical model of worldwide airlinesalliances that we apply to a large set of companies for the … current alliances' pricing habits are not uniform and range from individual Nash to more competitive behaviours. …
Persistent link: https://www.econbiz.de/10005666444
cross-price elasticities. From the estimates, we shed light on the fact that many airlines involved in the same alliances … are potential substitutes. We also test for the effects of alliances on airlines’ fares and suggest that airlines inside … alliances cut prices by 5% on average compared to airlines outside alliances. Finally, we construct price-cost margins for each …
Persistent link: https://www.econbiz.de/10008486976
We investigate whether legacy U.S. airlines communicated via earnings calls to coordinate with other legacy airlines in … among airlines about their capacity choices. Estimates from our preferred specification show that when all legacy airlines … reduction materializes only when airlines communicate concurrently, and that it cannot be explained by other possibilities …
Persistent link: https://www.econbiz.de/10012207880