INTERNATIONAL AIR FARE LEVELS: AN EVALUATION AFTER THREE DECADES OF IATA (INTERNATIONAL AIR TRANSPORT ASSOCIATION) RATE-MAKING
International air fare levels are compared to estimated competitive fares. An estimate is made of the traffic volume which would have resulted if the competitive fare had been in effect. The impact on consumers' welfare of the existing fare levels is estimated. The study indicates that international passenger demand is highly price elastic and that the current level of air fares results in substantial losses to consumers.
- Economic study report 1977.
Assistant Secretary for Policy and International AffairsDepartment of Transportation
Washington, DC United States
- Barnekov Jr, C C
- Publication Date: 1978-12
- Pagination: 60 p.
- TRT Terms: Air traffic; Air transportation; Alternatives analysis; Civil aviation; Competition; Consumer protection; Demand; Estimates; Evaluation; Fares; Foreign; International compacts; Level of service; Marketing; Policy; Prices; Pricing; Rates
- Identifier Terms: International Air Transport Association
- Uncontrolled Terms: Agreements; Services
- Old TRIS Terms: Government policies; Rates costs
- Subject Areas: Aviation; Economics; Policy;
- Accession Number: 00190994
- Record Type: Publication
- Source Agency: National Technical Information Service
- Report/Paper Numbers: DOT/P/50-78/47
- Files: TRIS
- Created Date: Apr 12 1979 12:00AM