L?evoluzione dei vettori low-cost nei principali mercati europei

Sara Cepolina and Francesco Parola

ECONOMIA E DIRITTO DEL TERZIARIO, 2009, vol. 21, issue 2, 295-313

Abstract: The present paper is aimed at analysing the strategic paths of airline companies, in order to understand recent trends and possible determinants. The evolution of aviation industry, boosted by external events such as globalisation and liberalisation/deregulation processes have, in fact, launched a "risiko of the skies", that seems to have modified the traditional dichotomy between mergers and acquisitions and alliances. Therefore, the paper is so focused to understand if the recent wave of corporate M&A among airlines is the first step of a concentration process dominated by this type of growing path, or, instead, it is only a cyclical phenomenon

Date: 2009
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