Airline Competition Deregulation S Mixed Legacy
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Airline Competition Deregulation S Mixed Legacy
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Author : George Williams
language : en
Publisher: Routledge
Release Date : 2017-07-05
Airline Competition Deregulation S Mixed Legacy written by George Williams and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-05 with Transportation categories.
The advantages of airline competition to consumers are clearly apparent. Lower fares, greater choice, more frequent flights and a wider range of available services have all been evident when the entry of a new competitor has occurred. In many instances however, after an initial, relatively short-lived, period of aggressive competition the new entrant has either gone bankrupt or found a less stressful existence co-operating in some manner with the incumbent. In this wide-ranging book, the author looks at the competitive arena in the post-regulation era and especially focusses on deregulation’s legacy; globalization in a bilateral world breaking the link between nationality and airlines. The book is of special interest to those members engaged in the Airline Industry, Regulatory Authorities and Government Departments of Transport and Industry. It will be of value to academic specialists in transport economics and public policy; MSc students and Institutes of Transport; pressure groups and the Travel and Tourism Industry.
Airline Competition Deregulation S Mixed Legacy
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Author : George Williams
language : en
Publisher: Taylor & Francis
Release Date : 2017-07-05
Airline Competition Deregulation S Mixed Legacy written by George Williams and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-05 with Business & Economics categories.
Arguing that full deregulation of the airline industry leads to the production of excess capacity, Williams surveys the tactics and strategies of airline carriers to global deregulation. Focusing primarily on United States and European carriers, he compares the two industries, finding that Europeans have emulated US strategies in the aftermath of liberalization. Aside from the cavil about excess capacity, Williams views deregulation as a good thing, arguing that it leads to lower fares and more competition. What is needed, he suggests, is a global deregulation that would allow for worldwide consolidation of the airline industry.
The Airline Industry And The Impact Of Deregulation
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Author : George Williams
language : en
Publisher: Routledge
Release Date : 2017-03-02
The Airline Industry And The Impact Of Deregulation written by George Williams and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-02 with Transportation categories.
In the fast-changing theatre of air transportation, the strategic development of airlines and the operating economics of scheduled airline services have been transformed, following the profound impact of US deregulation. The lessons gleaned from the US experience, including effective ways of constraining rivals, have quickly been adopted by carriers facing the opening up to competition of their own local markets. In addition, in response to the hunt by the successful US survivors for further international traffic, carriers have been forced to emulate certain tactics adopted by these megacarriers, virtually irrespective of their own government’s regulatory stance. The economics of the sector, particularly with regard to revenue generation, has resulted in increased market concentration. In the longer term, prospects for competition remain unclear, given the likely existence of only a small number of similarly endowed, globally alligned megacarriers. This book explores the impact of deregulation policies on key areas of the airline industry, analyzes the response of incumbent carriers to economic freedom and examines whether or not it is possible to devise a pro-competitive regulatory strategy for this sector. The author provides the reader with a clear explanation as to: ¢ why airline deregulation policies have produced a number of unanticipated outcomes; ¢ why low-cost new entrants have been unable to survive under deregulation; ¢ why the impact of airline deregulation has differed between the USA and Western Europe. Using this analysis as a basis, he explores the future development of the sector, indicating the likely future trends towards globalization. He also argues that a competitive marketplace is not a guaranteed outcome of full deregulation and suggests an alternative approach. The book is of special interest to those members engaged in the airline industry, regulatory authorities and government departments of transport and industry. It wil
The Evolution Of The Airline Industry
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Author : Steven Morrison
language : en
Publisher: Brookings Institution Press
Release Date : 2010-12-01
The Evolution Of The Airline Industry written by Steven Morrison and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-01 with Business & Economics categories.
Since the enactment of the Airline Deregulation Act in 1978, questions that had been at the heart of the ongoing debate about the industry for eighty years gained a new intensity: Is there enough competition among airlines to ensure that passengers do not pay excessive fares? Can an unregulated airline industry be profitable? Is air travel safe? While economic regulation provided a certain stability for both passengers and the industry, deregulation changed everything. A new fare structure emerged; travelers faced a variety of fares and travel restrictions; and the offerings changed frequently. In the last fifteen years, the airline industry's earnings have fluctuated wildly. New carriers entered the industry, but several declared bankruptcy, and Eastern, Pan Am, and Midway were liquidated. As financial pressures mounted, fears have arisen that air safety is being compromised by carriers who cut costs by skimping on maintenance and hiring inexperienced pilots. Deregulation itself became an issue with many critics calling for a return to some form of regulation. In this book, Steven A. Morrison and Clifford Winston assert that all too often public discussion of the issues of airline competition, profitability, and safety take place without a firm understanding of the facts. The policy recommendations that emerge frequently ignore the long-run evolution of the industry and its capacity to solve its own problems. This book provides a comprehensive profile of the industry as it has evolved, both before and since deregulation. The authors identify the problems the industry faces, assess their severity and their underlying causes, and indicate whether government policy can play an effective role in improving performance. They also develop a basis for understanding the industry's evolution and how the industry will eventually adapt to the unregulated economic environment. Morrison and Winston maintain that although the airline industry has not reached long-run equilibrium, its evolution is proceeding in a positive direction—one that will preserve and possibly enhance the benefits of deregulation to travelers and carriers. They conclude that the federal government's primary policy objective should be to expand the benefits from unregulated market forces to international travel. Brookings Review article also available
Competition And Regulation In The Airline Industry
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Author : Steven Truxal
language : en
Publisher: Routledge
Release Date : 2013-01-04
Competition And Regulation In The Airline Industry written by Steven Truxal and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-04 with Law categories.
An examination of the relationship between competition and the deregulation and liberalisation of the US and European air transport sectors reveals that the structure of the air transport sector has undergone a number of significant changes. A growing number of airlines are entering into horizontal and vertical cooperative arrangements and integration including franchising, codeshare agreements, alliances, ‘virtual mergers’ and in some cases, mergers with other airlines, groups of airlines or other complementary lines of business such as airports. This book considers the current legal issues affecting the air transport sector incorporating recent developments in the industry, including the end of certain exemptions from EU competition rules, the effect of the EU-US Open Skies Agreement, the accession of new EU Member States and the Lisbon Treaty. The book explores the differing European and US regulatory approaches to the changes in the industry and examines how airlines have remained economically efficient in what is perceived as a complex and confused regulatory environment. Competition and Regulation in the Airline Industry will be of particular interest to academics and students of competition law as well as EU law.
Airport Business Practices And Their Impact On Airline Competition Faa Ost Task Force Study
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Author :
language : en
Publisher: DIANE Publishing
Release Date : 1999
Airport Business Practices And Their Impact On Airline Competition Faa Ost Task Force Study written by and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Airlines categories.
Deregulation Increased Competition Is Making Airlines More Efficient And Responsive To Consumers
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Author : United States. General Accounting Office
language : en
Publisher:
Release Date : 1985
Deregulation Increased Competition Is Making Airlines More Efficient And Responsive To Consumers written by United States. General Accounting Office and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Aeronautics and state categories.
Discusses changes in the U.S. airline industry since enactment of the Airline Deregulation Act of 1978.
Deregulation And Competition
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Author :
language : en
Publisher:
Release Date : 2007
Deregulation And Competition written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Airlines categories.
This thought-provoking book chronicles the evolution of the airline industry and explains what lies ahead for airlines across the globe. Taking the US airline industry as an in-depth case study, the authors present compelling evidence on how the paradigm shift that is taking place in the airline industry is linked to the big-bang approach to deregulation. There are lessons to be learned from the US, as Europe and Asia undergo airline deregulation from a public policy as well as a corporate perspective. This book also addresses the crucial question of what will happen to the airlines that are i.
International Handbook On The Economics Of Tourism
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Author : L. Dwyer
language : en
Publisher: Edward Elgar Publishing
Release Date : 2007-09-24
International Handbook On The Economics Of Tourism written by L. Dwyer and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-09-24 with Business & Economics categories.
Tourism economics is a rapidly expanding field of research and interest in the subject has been growing steadily over the past decade. As a field of study it is one of the small band of areas, such as energy and transport economics, that draws on, and applies, developments in general economics. This highly accessible and comprehensive Handbook presents a cutting edge discussion of the state of tourism economics and its likely directions in future research. Leading researchers in the field explore a wide range of topics including: demand and forecasting, supply, transport, taxation and infrastructure, evaluation and application for policy-making. Each chapter includes a discussion of its relevance and importance to the tourism economics literature, an overview of its main contributions and themes, a critical evaluation of existing literature and an outline of issues for further conceptual and applied research. Larry Dwyer and Peter Forsyth have assembled a fascinating Handbook that will be an invaluable and much welcomed reference book for tourism economics scholars and researchers at all levels of academe. General economics scholars will also find much to engage them within the book.
Airline Marketing And Management
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Author : Stephen Shaw
language : en
Publisher: Ashgate Publishing, Ltd.
Release Date : 2007
Airline Marketing And Management written by Stephen Shaw and has been published by Ashgate Publishing, Ltd. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Transportation categories.
Through five previous editions "Airline Marketing and Management" by Stephen Shaw has established itself as the preferred textbook for students of the principles of marketing and their application in today's airline industry; as well as a reliable reference work for those with a professional interest in the area. Carefully revised, the sixth edition of this internationally successful book includes new material on: the impact of the Trade Cycle and the current period of high oil prices on the demand for air travel; the effect of current trends towards regulatory reform and the relaxation of Ownership and Control rules on the structure of the international airline industry; the continuing strong impact of Low Cost Carriers, and the strategic options open to so-called 'Legacy' airlines as they respond to the challenges facing them; and, the setting up of new 'Business Class Only' airlines. Why are they appearing now, and what are their long-term chances of success? An initial review of the structure of the air transport market and the industry marketing environment is followed by detailed chapters examining airline business and marketing strategies, product design and management, pricing and revenue management, current and possible future distribution channels, and selling, advertising and promotional policies. The reader will benefit from greater understanding of both marketing and airline industry jargon and from the knowledge obtained regarding the significant strategic challenges facing aviation at the present time. Written in a straightforward, easy-to-read style and combining up-to-date and relevant examples drawn from the worldwide aviation industry, this new edition will further enhance the book's reputation for providing the ideal introduction to the subject.