An urge to merge?

Jaap G de Wit

Journal of Air Transport Management, 1995, vol. 2, issue 3, 173-180

Abstract: This article examines recent market behaviour of EU airlines. After a short descrip- tion of the EU liberalization process the article continues to analyze the network related cost characteristics of airlines in the deregulated U.S. domestic market. Network economies have been a decisive factor in market concentration and compe- tition. The article concludes that during the first years after the liberalization neither fares nor frequencies reflect an intensified competition in the internal market. Different developments in network restructuring of EU airlines are described, indicating the first steps towards market concentration.

Keywords: liberalization; concentration; competition; airlines; networks; contestability (search for similar items in EconPapers)
Date: 1995
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:2:y:1995:i:3:p:173-180

DOI: 10.1016/0969-6997(96)00003-8

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