The impact of hub hierarchy and market competition on airfare pricing in US hub-to-hub markets

This paper explores factors influencing the pricing behaviour of full-service carriers in hub-to-hub markets, which to date have rarely been the exclusive focus of research. Drawing on a 2009 dataset containing route and airfare information, the authors estimate a pricing model for the hub-to-hub markets in the United States. Their econometric analysis suggests that an airport's position in carriers' hub hierarchies, competition from low-cost carriers, and other market structure variables influence average airfares.

• Record URL:
  https://doi.org/10.1016/j.jairtraman.2013.06.016
• Record URL:
  http://www.sciencedirect.com/science/article/pii/S096969971300077X
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/31005945
• Supplemental Notes:
  • Abstract reprinted with permission from Elsevier.
• Authors:
  • Zhang, Shengrun
  • Derudder, Ben
  • Witlox, Frank
• Publication Date: 2013-9

Language

• English

Media Info

• Media Type: Digital/other
• Features: Figures; References; Tables;
• Pagination: pp 65-70
• Serial:
  • Journal of Air Transport Management
  • Volume: 32
  • Issue Number: 0
  • Publisher: Elsevier
  • ISSN: 0969-6997
  • Serial URL: http://www.sciencedirect.com/science/journal/09696997

Subject/Index Terms

• TRT Terms: Competition; Econometric models; Fares; Full service carriers; Hubs; Markets; Pricing
• Geographic Terms: United States
• Subject Areas: Aviation; Finance; Planning and Forecasting; I10: Economics and Administration; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 01496208
• Record Type: Publication
• Files: TRIS
• Created Date: Sep 26 2013 9:58AM