European market: present and future

Volodymyr Bilotkach

Chapter 8 in Air Transport Liberalization, 2017, pp 138-155 from Edward Elgar Publishing

Abstract: This chapter outlines the liberalization process of the European commercial passenger airline market, documents recent trends, and provides a future outlook in light of the impending exit of the United Kingdom from the European Union. Overall, liberalization of the European aviation can be called a clear success story. Not only has the passenger traffic been increasing consistently, and airlines with the new business model (the so-called low-cost carriers) have been gaining a strong position on the market; the market has also been able to successfully weather the storm after the 2008 financial crisis. The likely departure of the United Kingdom from the European single market poses serious (and potentially catastrophic) challenges to the airline industry. The impact of this event will depend on the institutional arrangements that will be negotiated between the UK and the EU.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/9781786431851.00013.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

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:elg:eechap:17375_8

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().