ON THE DYNAMICS OF COMPETITION AND EFFICIENCY IN THE EUROPEAN AIRLINE INDUSTRY

European airlines have been historically sheltered from competition through bilateral agreements between member states and have been heavily subsidized. The 1992 liberalization program exposes these airlines to a more competitive environment with the entry of the world's other airlines to this once heavily protected market. In this paper, the authors develop a dynamic industry model to simulate and solve for optimal efficient levels of three important strategic variables in the European airline industry: load factor, network size and the size of the capital stock.

  • Corporate Authors:

    Transportation Research Forum

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  • Authors:
    • Captain, P F
    • Good, D H
    • Sickles, R C
  • Conference:
  • Publication Date: 1995

Language

  • English

Media Info

  • Pagination: p. 87-107

Subject/Index Terms

Filing Info

  • Accession Number: 00726818
  • Record Type: Publication
  • Report/Paper Numbers: Volume 1
  • Files: TRIS
  • Created Date: Oct 9 1996 12:00AM