Comparative study of hub airports in Europe: ticket prices, travel time and rescheduling costs

Frank Bruinsma, Piet Rietveld and Martijn Brons ()
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Frank Bruinsma: Vrije Universiteit Amsterdam, Faculteit der Economische Wetenschappen en Econometrie (Free University Amsterdam, Faculty of Economics Sciences, Business Administration and Economitrics

No 50, Serie Research Memoranda from VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics

Abstract: This paper investigates the strategic position of four European airports in the aviation network by means of a generalised cost function. We compare the performance of the hub airports London, Paris, Frankfurt, and Amsterdam. Our analysis entails flights from smaller European airports via these hubs to intercontinental destinations and vice versa. The comparative positions of the cities in the airport network is determined by a generalised cost function in which travel cost, travel time and rescheduling time (as a function of the frequency of the service) are included. An important feature of our comparative study is that various market segments are identified (business, tourists). We find that the positions of the hub airports for the business class passengers differ from those for economy class passengers. Using high-speed rail as an alternative for the European part of the trip is only attractive for a rather restricted segment of the market.

JEL-codes: L93 (search for similar items in EconPapers)
Date: 1999
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Journal Article: Comparative study of hub airports in Europe: Ticket prices, travel time and rescheduling costs (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:vua:wpaper:1999-50

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