Liberalisation of European aviation: analysis and modelling of the airline behaviour

Janić, Milan

Journal of Air Transport Management, 1997, vol. 3, issue 4, 167-180

Abstract: This paper deals with the analysis and modelling of behaviour of the Western European airlines during the first phase of the gradual liberalisation of the EU (European Union) aviation market. The framework for monitoring this behaviour and appropriate methodology for registering significant changes in the airline industry, specific airlines, and the aviation market itself has been developed. Three classes of empirical models have been estimated: airline growth and financial performances, airline mergings and alliances by holding of equity stakes in partners, and airline relationships (cooperation and/or competition) on the EU air route network consisting of five sub-models. The EU airline sub-models are: market share, market concentration, air travel demand, quality of services, and pricing policy. The least-square regression technique has been applied over the cross-sectional data for making the empirical estimates.

Date: 1997
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S096969979700015X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:3:y:1997:i:4:p:167-180

DOI: 10.1016/S0969-6997(97)00015-X

Access Statistics for this article

Journal of Air Transport Management is currently edited by Anne Graham

More articles in Journal of Air Transport Management from Elsevier
Bibliographic data for series maintained by Catherine Liu ().