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Author : Jens Blechschmidt
Publisher :
ISBN 13 :
Total Pages : 154 pages
Book Rating : 4.3/5 (555 download)
Download or read book Concentration and Contestability in the Deregulated United States Airline Industry written by Jens Blechschmidt and published by . This book was released on 1996 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Steven Truxal
Publisher : Routledge
ISBN 13 : 0415671965
Total Pages : 210 pages
Book Rating : 4.4/5 (156 download)
Download or read book Competition and Regulation in the Airline Industry written by Steven Truxal and published by Routledge. This book was released on 2012 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book considers the current legal issues affecting the air transport sector incorporating recent developments in the air transport sector, including the end of certain exemptions from EU competition rules, the effect of the EU-US Open Skies Agreement, the accession of new EU Member States and the Lisbon Treaty. The book explores the differing European and US regulatory approaches to the changes in the industry and examines how airlines have remained economically efficient in what is perceived as a complex and confused regulatory environment.
Author : George Williams
Publisher : Routledge
ISBN 13 : 1351895125
Total Pages : 180 pages
Book Rating : 4.3/5 (518 download)
Download or read book The Airline Industry and the Impact of Deregulation written by George Williams and published by Routledge. This book was released on 2017-03-02 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the fast-changing theatre of air transportation, the strategic development of airlines and the operating economics of scheduled airline services have been transformed, following the profound impact of US deregulation. The lessons gleaned from the US experience, including effective ways of constraining rivals, have quickly been adopted by carriers facing the opening up to competition of their own local markets. In addition, in response to the hunt by the successful US survivors for further international traffic, carriers have been forced to emulate certain tactics adopted by these megacarriers, virtually irrespective of their own government’s regulatory stance. The economics of the sector, particularly with regard to revenue generation, has resulted in increased market concentration. In the longer term, prospects for competition remain unclear, given the likely existence of only a small number of similarly endowed, globally alligned megacarriers. This book explores the impact of deregulation policies on key areas of the airline industry, analyzes the response of incumbent carriers to economic freedom and examines whether or not it is possible to devise a pro-competitive regulatory strategy for this sector. The author provides the reader with a clear explanation as to: ¢ why airline deregulation policies have produced a number of unanticipated outcomes; ¢ why low-cost new entrants have been unable to survive under deregulation; ¢ why the impact of airline deregulation has differed between the USA and Western Europe. Using this analysis as a basis, he explores the future development of the sector, indicating the likely future trends towards globalization. He also argues that a competitive marketplace is not a guaranteed outcome of full deregulation and suggests an alternative approach. The book is of special interest to those members engaged in the airline industry, regulatory authorities and government departments of transport and industry. It wil
Author : Nancy L. Rose
Publisher : University of Chicago Press
ISBN 13 : 022613816X
Total Pages : 619 pages
Book Rating : 4.2/5 (261 download)
Download or read book Economic Regulation and Its Reform written by Nancy L. Rose and published by University of Chicago Press. This book was released on 2014-08-29 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.
Author : Professor Rigas Doganis
Publisher : Routledge
ISBN 13 : 1134892829
Total Pages : 245 pages
Book Rating : 4.1/5 (348 download)
Download or read book The Airport Business written by Professor Rigas Doganis and published by Routledge. This book was released on 2005-08-18 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Placing the airport business within a conceptual framework, the author examines the major global issues that confront it and offers solutions to the economic and financial difficulties likely to arise in the future.
Author : Giovanni Alberto Tabacco
Publisher : Palgrave Macmillan
ISBN 13 : 9783319835723
Total Pages : 78 pages
Book Rating : 4.8/5 (357 download)
Download or read book Airline Economics written by Giovanni Alberto Tabacco and published by Palgrave Macmillan. This book was released on 2018-06-29 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an original empirical investigation of the market structure of airline city pair markets, shedding new light on the workings of competitive processes between firms. Examining a cross-section of US airline city pairs, Tabacco proposes for the first time that the industry can be understood as a natural oligopoly, each airline market being dominated by one to three airline carriers regardless of market size. The author questions the extent to which airlines deliberately prevent head-to-head competition within city pair markets, and draws intriguing conclusions about competitive forces from the observed market structure. Uncovering some of the main corporate strategies of the airline industry, the book is of immediate relevance to industry managers and practitioners, as well as academic economists.
Author : Peter Forsyth
Publisher : Routledge
ISBN 13 : 1317182898
Total Pages : 463 pages
Book Rating : 4.3/5 (171 download)
Download or read book Airport Competition written by Peter Forsyth and published by Routledge. This book was released on 2016-03-23 with total page 463 pages. Available in PDF, EPUB and Kindle. Book excerpt: The break-up of BAA and the blocked takeover of Bratislava airport by the competing Vienna airport have brought the issue of airport competition to the top of the agenda for air transport policy in Europe. Airport Competition reviews the current state of the debate and asks whether airport competition is strong enough to effectively limit market power. It provides evidence on how travellers chose an airport, thereby altering its competitive position, and on how airports compete in different regions and markets. The book also discusses the main policy implications of mergers and subsidies.
Author : Jonathan D. Ogur
Publisher :
ISBN 13 :
Total Pages : 126 pages
Book Rating : 4.3/5 (555 download)
Download or read book The Deregulated Airline Industry written by Jonathan D. Ogur and published by . This book was released on 1988 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Elizabeth E. Bailey
Publisher :
ISBN 13 :
Total Pages : 468 pages
Book Rating : 4.3/5 (555 download)
Download or read book Deregulating the Airlines written by Elizabeth E. Bailey and published by . This book was released on 1983 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Greg J. Bamber
Publisher : Cornell University Press
ISBN 13 : 0801457092
Total Pages : 237 pages
Book Rating : 4.8/5 (14 download)
Download or read book Up in the Air written by Greg J. Bamber and published by Cornell University Press. This book was released on 2013-07-15 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: "And you thought the passengers were mad. Airline employees are fed up, too-with pay cuts, increased workloads and management's miserly ways, which leave workers to explain to often-enraged passengers why flying has become such a miserable experience."—New York Times, December 22, 2007When both an industry's workers and its customers report high and rising frustration with the way they are being treated, something is fundamentally wrong. In response to these conditions, many of the world's airlines have made ever-deeper cuts in services and their workforces. Is it too much to expect airlines, or any other enterprise, to provide a fair return to investors, high-quality reliable service to their customers, and good jobs for their employees?Measured against these three expectations, the airline industry is failing. In the first five years of the twenty-first century alone, U.S. airlines lost a total of $30 billion while shedding 100,000 jobs, forcing the remaining workers to give up over $15 billion in wages and benefits. Combined with plummeting employee morale, shortages of air traffic controllers, and increased congestion and flight delays, a total collapse of the industry may be coming. Is this state of affairs inevitable? Or is it possible to design a more sustainable, less volatile industry that better balances the objectives of customers, investors, employees, and the wider society? Does deregulation imply total abrogation of government's responsibility to oversee an industry showing the clear signs of deterioration and increasing risk of a pending crisis?Greg J. Bamber, Jody Hoffer Gittell, Thomas A. Kochan, and Andrew von Nordenflycht explore such questions in a well-informed and engaging way, using a mix of quantitative evidence and qualitative studies of airlines from North America, Asia, Australia, and Europe. Up in the Air provides clear and realistic strategies for achieving a better, more equitable balance among the interests of customers, employees, and shareholders. Specifically, the authors recommend that firms learn from the innovations of companies like Southwest and Continental Airlines in order to build a positive workplace culture that fosters coordination and commitment to high-quality service, labor relations policies that avoid long drawn-out conflicts in negotiating new agreements, and business strategies that can sustain investor, employee, and customer support through the ups and downs of business cycles.
Author : Steven Morrison
Publisher : Brookings Institution Press
ISBN 13 : 9780815721208
Total Pages : 188 pages
Book Rating : 4.7/5 (212 download)
Download or read book The Evolution of the Airline Industry written by Steven Morrison and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the enactment of the Airline Deregulation Act in 1978, questions that had been at the heart of the ongoing debate about the industry for eighty years gained a new intensity: Is there enough competition among airlines to ensure that passengers do not pay excessive fares? Can an unregulated airline industry be profitable? Is air travel safe? While economic regulation provided a certain stability for both passengers and the industry, deregulation changed everything. A new fare structure emerged; travelers faced a variety of fares and travel restrictions; and the offerings changed frequently. In the last fifteen years, the airline industry's earnings have fluctuated wildly. New carriers entered the industry, but several declared bankruptcy, and Eastern, Pan Am, and Midway were liquidated. As financial pressures mounted, fears have arisen that air safety is being compromised by carriers who cut costs by skimping on maintenance and hiring inexperienced pilots. Deregulation itself became an issue with many critics calling for a return to some form of regulation. In this book, Steven A. Morrison and Clifford Winston assert that all too often public discussion of the issues of airline competition, profitability, and safety take place without a firm understanding of the facts. The policy recommendations that emerge frequently ignore the long-run evolution of the industry and its capacity to solve its own problems. This book provides a comprehensive profile of the industry as it has evolved, both before and since deregulation. The authors identify the problems the industry faces, assess their severity and their underlying causes, and indicate whether government policy can play an effective role in improving performance. They also develop a basis for understanding the industry's evolution and how the industry will eventually adapt to the unregulated economic environment. Morrison and Winston maintain that although the airline industry has not rea
Author : Sam Peltzman
Publisher : Rowman & Littlefield
ISBN 13 : 9780815713418
Total Pages : 228 pages
Book Rating : 4.7/5 (134 download)
Download or read book Deregulation of Network Industries written by Sam Peltzman and published by Rowman & Littlefield. This book was released on 2011-04-01 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the airline, railroad, telecommunications, and electric power industries are at very different stages in adjusting to regulatory reform, each industry faces the same critical public policy question: Are policymakers taking appropriate steps to stimulate competition or are they turning back the clock by slowing the process of deregulation? This volume addresses that issue and identifies the next steps that policymakers should take to enhance public welfare in the provision of these services. Each chapter identifies the central policy issues that have arisen in each industry as it undergoes transformation to a deregulated environment. The authors reveal the flaws in the residual regulations and make the case for faster and more comprehensive deregulation. A concluding chapter identifies how interest groups continue to exert influence on regulatory agencies and on Congress, potentially undermining deregulation. The papers included here were initially presented in December 1999 at a conference sponsored and organized by the AEI–Brookings Joint Center for Regulatory Studies.
Author : John Robert Meyer
Publisher : MIT Press
ISBN 13 : 9780262132251
Total Pages : 332 pages
Book Rating : 4.1/5 (322 download)
Download or read book Deregulation and the Future of Intercity Passenger Travel written by John Robert Meyer and published by MIT Press. This book was released on 1987 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book surveys the latest changes in the turbulent area of airline deregulation. The authors' third collaboration on the subject, it deals with such current trends and topics as the proliferation of mergers and takeovers and the stategies and tactics involved in price wars and other marketing ventures.At the same time Deregulation and the Future of Intercity Passenger Travel is much more than an update on changes in the airline industry. It studies all the major systems of intercity passenger transportation - automobiles, buses, trains, airplanes - from the point of view of their interdependency. And it extends well beyond recent events to embrace the transportation history of much of this century, discussing the historical precedents and outcomes that have collectively given impetus to the trends in operation today, with special emphasis on the patterns of governmental subsidies and regulations. The authors also forecast probable developments in the next century, examining the impacts of various assumptions about future public policies, changes in technology, demographic patterns, and consumer preferences.The first part of the book focuses on the U.S. experience with airline deregulation, including changes in distribution channels and the travel agency business as well as the effects on airline employees and passengers. The second part takes up the economics of competition among the major modes in intercity travel.John R. Meyer is James W Harpel Professor of Capital Formation and Economic Growth at Harvard University. Clinton V. Oster, Jr., is Associate Professor at the School of Public and Environmental Affairs and Director of the Transportation Research Center at Indiana University. Deregulation and the Future of Intercity Passenger Travel is fifteenth in the series Regulation of Economic Activity, edited by Richard Schmalensee.
Author : Almas Heshmati
Publisher : Springer
ISBN 13 : 981101017X
Total Pages : 206 pages
Book Rating : 4.8/5 (11 download)
Download or read book Efficiency and Competitiveness of International Airlines written by Almas Heshmati and published by Springer. This book was released on 2016-05-18 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the factors that support the strengths of international airlines in general and the Asian airline carriers in particular. Defining the quality of human capital as the level of education and the competence of airline employees, it analyzes the efficiency of 39 airlines in various regions, both in terms of production and cost structures. It argues that, despite Asia’s well-developed and globally competitive manufacturing sector, aided by open market practices, its overall service sector still lags far behind more advanced economies. As this does not stop Asia-based carriers from generally being more efficient than their counterparts in Europe and North America, the book investigates how competitiveness analysis of the airline industry can help Asian policymakers better prepare for the liberalization of the service sector, given how crucial this aspect is for the future growth of the Asia-Pacific region. Efficiency and Competitiveness of International Airlines offers a valuable resource for policymakers, airline employees, and researchers and students of microeconomics.
Author : United States. Congress. House. Committee on Public Works and Transportation. Subcommittee on Aviation
Publisher :
ISBN 13 :
Total Pages : 550 pages
Book Rating : 4.F/5 ( download)
Download or read book The Adequacy of Competition in the Airline Industry written by United States. Congress. House. Committee on Public Works and Transportation. Subcommittee on Aviation and published by . This book was released on 1990 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Alessandro Cento
Publisher : Springer Science & Business Media
ISBN 13 : 3790820881
Total Pages : 189 pages
Book Rating : 4.7/5 (98 download)
Download or read book The Airline Industry written by Alessandro Cento and published by Springer Science & Business Media. This book was released on 2008-10-15 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: The debate on the future of the aviation sector and the viability of its traditional business practices is the core of this book. The liberalization of the EU market in the 1990s has radically modi?ed the competitive environment and the nature of airline competition. Furthermore, the new millennium began with terrorist attacks, epidemics, trade globalization, and the rise of oil prices, all of which combined to push the industry into a “perfect storm”. Airline industry pro?tability has been an elusive goal for several decades and the recent events has only accentuated existing weaknesses. The main concern of ind- try observers is whether the airline business model, successful during the 1980s and 1990s, is now sustainable in a market crowded by low-cost carriers. The airlines that will respond rapidly and determinedly to increase pressure to restructure, conso- date and segment the industry will achieve competitive advantages. In this context, the present study aims to model the new conduct of the ‘legacy’ carriers in a new liberalized European market in terms of network and pricing competition with l- cost carriers and competitive reaction to the global economic crises.
Author : United States. Congress. Senate. Committee on Appropriations. Subcommittee on Transportation and Related Agencies
Publisher :
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.:/5 (51 download)
Download or read book Airline Competition written by United States. Congress. Senate. Committee on Appropriations. Subcommittee on Transportation and Related Agencies and published by . This book was released on 1999 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
