Summary of Discussions: Competitive Interaction between Airports, Airlines and High-Speed Rail

This paper summarizes, structures, and provides some context for the subsequent chapters from the round table on Competitive Interaction between Airports, Airlines and High-Speed Rail. The first part of the paper focuses on sources of market power for airports and on policy responses. The author contends that, when an airport is congested and competition with other airports is limited, regulation may be justified, and the dual till approach likely works best. However, the author recommends that policy should establish conditions for competition to emerge as much as possible, instead of attempting to design a general regulatory framework. The second part of the paper focuses on climate change policy in aviation. Although including aviation in emission trading schemes may be a sensible idea, it should not be expected to produce major cuts in CO2-emissions from aviation. The author proposes growth containment as a more realistic, yet still ambitious, objective. The document concludes that high-speed rail is justified in a number of situations, but is not a general alternative for air travel and certainly not a way to reduce greenhouse gas emissions from aviation.

Language

  • English

Media Info

  • Media Type: Print
  • Features: Bibliography; References;
  • Pagination: pp 11-29
  • Monograph Title: Competitive Interaction Between Airports, Airlines and High-Speed Rail

Subject/Index Terms

Filing Info

  • Accession Number: 01146672
  • Record Type: Publication
  • ISBN: 9789282102459
  • Files: TRIS
  • Created Date: Dec 15 2009 6:39AM