Air and Sea Transport: Competition Strategies Under Normal and Economic Crisis Environments

Konstantinos Rigas, Evangelos Sambracos or Samprakos () and Androniki Gatzoli

MPRA Paper from University Library of Munich, Germany

Abstract: Air and sea passenger transport were generally considered as serving different market segments with little competition between them. Recent research has however shown that the existence of a deregulated operating framework can lead to improved competition between the two modes. This article aims first to identify the circumstances under which air and sea transport compete. The second step is to further examine possible reactions to increase their competitive relationship. The Greek Aegean region presents an interesting case study due to its morphology and seasonal demand characteristics. The question on competitive strategies has become even more essential in an environment of economic crisis as that existing currently in the region.

Keywords: Air and Sea Transport; Passenger Transport; Insular Regions; Competition; Economic Crisis. (search for similar items in EconPapers)
JEL-codes: O18 R11 R41 (search for similar items in EconPapers)
Date: 2011-06
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published in SPOUDAI Journal of Economics and Business 3-4.61(2011): pp. 65-84

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Related works:
Journal Article: Air and sea transport: Competition strategies under normal and economic crisis environments (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:52445

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