Critical Issues in Air Transport Economics and Business (Routledge Studies in the Modern World Economy)
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This book offers material for strategic thinking featuring contributions from key figures in Europe, the US and Asia. The focus of the book expands from economic to legal issues, bankruptcy and safety and security. The carefully selected papers offer a thorough and structured analysis of major current developments in the air transport industry. Fully up to date, topics covered include competitive strength, capacity utilisation and risk.
The most likely future scenarios are more or less known. Only, the timeframe remains uncertain. The speed at which the various market players in the air transport chain will implement their strategies remains the key question. This depends on a whole range of exogenous and endogenous variables, as this book aspires to demonstrate. As both an overview of the current issues affecting the industry and as a cohesive set of strategic documents, therefore, this collection will prove invaluable for policy makers and researchers alike.
expansion plans of some European countries. 2 Air transport dynamics 2.1 Growth and market share Air transport has grown most dynamically in the past decades. Air traffic performance (pkm) in the EU27 has increased by 70.4 per cent between 1995 and 2007 (Figure 18.1). Modal split developed from 6.3 per cent (1995) to 8.8 per cent (2007). During this period the share of railways dropped from 6.6 per cent to 6.1 per cent. 2.2 The success of low-cost carriers (LCC) The rapid growth
on objective and non-discriminatory criteria. 4.3 Provisions on pricing Together with the European Directive 2005/29 concerning unfair business-toconsumer commercial practices and Regulation 80/2009 on a Code of Conduct for Computer Reservation Systems; the Regulation under discussion puts an obligation on the air carriers operating from a Community airport to indicate the final price of the flight ticket, at the outset of the booking process. The price first advertised on a website or
paper was written while we were visiting the Institute of Transportation Studies at the University of California at Berkeley. We also wish to thank to Samer Madanat and Mark Hansen for being considerate hosts during our stay. The usual disclaimer applies. Notes 1 In the period 1950–1980, in general, air transport was highly dependent on the involvement of the state. It was a national interest sector, and for this reason it was highly regulated and in most cases, airlines, airports,
H. (2007) ‘The consequences of the growing European low-cost airline sector’, Policy Department Structural and Cohesion Policies, European Parliament, Study: IP/B/TRAN/IC/2006-185. Mason, K. (2001) ‘Marketing low-cost airline services to business travellers’, Journal of Air Transport Management, Volume 7, Issue 2, pp. 103–109. Mason, K. and Morrison, W. (2008) ‘Towards a means of consistently comparing airline business models with an application to the “low cost” airline sector’,
end are the relatively small-scale ‘airparks’ organised around aviation-related business parks. Alliance Texas exemplifies the high physical and infrastructure standards of a master planned community, minus the housing. Conway’s (1993) model of the ‘decoplex’ (development-ecology complex) synthesised this urban form with fly-in residential communities to constitute a complete community with an economic base. Trends at major commercial airports have further lifted the bar. Kasarda (2000) likens