Fageda, Xavier; Flores-Fillol, Ricardo; Theilen, Bernd - In: Airline economics in Europe, (pp. 117-136). 2019
This study investigates, both theoretically and empirically, the effects of joint ventures on traffic. Although alliances are a pre-condition for joint ventures, both cooperation agreements are different in their nature. The reason is that alliances are revenue-sharing agreements, whereas joint...