The Airline Revolution: Economic Analysis of Airline Performance and Public Policy

Written for students, airline professionals, public servants and government advisers, this book provides an economic analysis of recent developments in the airline industry. After government deregulation in North America and Europe, new airlines trimmed some services to reduce costs, offered nonstop intercity flights with improved time performance, and introduced low fares to attract clients from older companies. Recently, some of the new airlines have offered business travelers extra services for higher fares, while entering the major air routes. Deregulation removed most of the barriers to expansion by small airlines in the USA and Europe, while limited deregulation has occurred in the Arabian peninsula, Asia, Latin America, Africa, and Australia. In these regions many short-haul routes now connect cities in different countries, where governments maintain restrictions on entry to the market. To gain access to domestic routes, some new airlines have established affiliates in neighboring countries, with each company under the legal control of the country of operation. The strong growth of air travel, especially in Asia, has brought intense competition to the major routes. The author concludes with predictions on airlines, government policies, and air navigation services.

Language

  • English

Media Info

  • Media Type: Web
  • Features: Bibliography;
  • Pagination: 368p

Subject/Index Terms

Filing Info

  • Accession Number: 01660669
  • Record Type: Publication
  • ISBN: 9781315612348
  • Files: TRIS
  • Created Date: Jul 31 2017 3:07PM