Airspace closures following the war of aggression in Ukraine: The impact on Europe-Asia airfares
The Russian war of aggression in Ukraine and subsequent sanctions imposed by Western countries has resulted in the withdrawal of overflight rights over Russian territory for most Western airlines. On Europe-Asia routes, this causes substantial detours for European airlines and, in turn, increases travel times and operational costs. This paper investigates the impact of the Russian and Ukrainian airspace closures on airfares between Western Europe and Asia. To identify a causal impact, fares on affected routes from Northern Europe are compared with fares on similar unaffected routes from Southern Europe using a difference-in-differences approach. The results show that the airspace closures increase fares for Europe-Asia flights from European airports above the 50th degree of latitude. On average, the fare effect for these flights is USD 43. Furthermore, the findings indicate that, in general, for each additional minute of flight time due to the airspace closures, fares increase by USD 1.56.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/23521465
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Supplemental Notes:
- © 2024 The Author(s). Published by Elsevier B.V. Abstract reprinted with permission of Elsevier.
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Authors:
- Ennen, David
- Wozny, Florian
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Conference:
- 25th Euro Working Group on Transportation Meeting (EWGT 2023)
- Location: Santander , Spain
- Date: 2023-9-6 to 2023-9-8
- Publication Date: 2024
Language
- English
Media Info
- Media Type: Web
- Features: Figures; References; Tables;
- Pagination: pp 103-110
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Serial:
- Transportation Research Procedia
- Volume: 78
- Issue Number: 0
- Publisher: Elsevier
- ISSN: 2352-1465
- Serial URL: http://www.sciencedirect.com/science/journal/23521465/
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Publication flags:
Open Access (libre)
Subject/Index Terms
- TRT Terms: Air travel; Airspace (Aeronautics); Fares
- Geographic Terms: Asia; Ukraine; Western Europe
- Subject Areas: Aviation; Economics;
Filing Info
- Accession Number: 01919224
- Record Type: Publication
- Files: TRIS
- Created Date: May 21 2024 11:49AM