Regulatory Changes in International Air Transport and Their Impact on Tourism Development in Asia Pacific
Colin C. H. Law,
Yahua Zhang and
A chapter in Airline Economics in Asia, 2018, vol. 7, pp 123-144 from Emerald Publishing Ltd
Abstract This chapter reviews the history of regulation and deregulation in international air transport and discusses the positive impacts of deregulation and open skies on the tourism sector in the Asia Pacific region. The Hong Kong–Bangkok market was examined, which shows that the granting of the fifth freedom rights has given the two places sufficient air service provisions to build tourism. Future reforms in air transport such as relaxing ownership restrictions and expanding air freedoms rights are explored.
Keywords: Deregulation; open skies; low-cost carriers; freedoms of the air; tourism; Asia Pacific; air transport; L93; N75; Z32 (search for similar items in EconPapers)
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