Airport Competition with a Focus on Low Cost Airports, a European Perspective

Airport Competition with a Focus on Low Cost Airports, a European Perspective PDF Author: Sarah Tetzlaff
Publisher:
ISBN:
Category :
Languages : en
Pages : 59

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Airport Competition with a Focus on Low Cost Airports, a European Perspective

Airport Competition with a Focus on Low Cost Airports, a European Perspective PDF Author: Sarah Tetzlaff
Publisher:
ISBN:
Category :
Languages : en
Pages : 59

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Book Description


Airport Competition

Airport Competition PDF Author: Peter Forsyth
Publisher: Routledge
ISBN: 1317182898
Category : Technology & Engineering
Languages : en
Pages : 463

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Book Description
The break-up of BAA and the blocked takeover of Bratislava airport by the competing Vienna airport have brought the issue of airport competition to the top of the agenda for air transport policy in Europe. Airport Competition reviews the current state of the debate and asks whether airport competition is strong enough to effectively limit market power. It provides evidence on how travellers chose an airport, thereby altering its competitive position, and on how airports compete in different regions and markets. The book also discusses the main policy implications of mergers and subsidies.

Airport Competition Regulation in Europe

Airport Competition Regulation in Europe PDF Author: Stamatis Varsamos
Publisher: Kluwer Law International B.V.
ISBN: 9041168370
Category : Law
Languages : en
Pages : 282

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Book Description
Over the past thirty years, airports within the EU – including nearly a hundred newly built or rebuilt during that time – have undergone a major economic transformation. From mere infrastructure providers, airports have become diversified and complex commercial enterprises in competition with each other. This is the first and only book thus far to deal with the legal issues surrounding this important development, focusing on the impact of EU Directive 12/2009 on airport charges. Examining the use of airport infrastructure, the growing competition among airports, and the relations between airlines and airports, the author, a leading aviation law practitioner, covers such issues and topics as the following: - types of charges – landing, passenger, aircraft parking; - pricing factors determining airport charges; - vertical contractual relations between airports and airlines; - airport market power and dominance; - issues of consultation and transparency; - ability of airlines and passengers to switch to alternative airports; - application of state aid rules; - security charges; - environmental charges and schemes; and - price discrimination and differentiation. The presentation encompasses a critical analysis of the findings of case law, both international and European, on airport charges in the context of the new trend of airports and airlines concluding vertical agreements. As an examination of the economic regulation of EU airports due to the liberalization process, structural changes in the ownership status of many EU airports, and the emergence of new airline business models (such as low-cost carriers), this book, the only one of its kind, will quickly become indispensable to practitioners, policymakers, and academics in aviation law.

Airport Competition

Airport Competition PDF Author: Peter Forsyth
Publisher: Routledge
ISBN: 131718288X
Category : Technology & Engineering
Languages : en
Pages : 586

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Book Description
The break-up of BAA and the blocked takeover of Bratislava airport by the competing Vienna airport have brought the issue of airport competition to the top of the agenda for air transport policy in Europe. Airport Competition reviews the current state of the debate and asks whether airport competition is strong enough to effectively limit market power. It provides evidence on how travellers chose an airport, thereby altering its competitive position, and on how airports compete in different regions and markets. The book also discusses the main policy implications of mergers and subsidies.

European Airports in Focus

European Airports in Focus PDF Author: Dieter J F Haselsteiner
Publisher: Independently Published
ISBN:
Category : Transportation
Languages : en
Pages : 0

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Book Description
The aviation industry plays a crucial role in the global economy, significantly contributing to the connectivity of people and businesses worldwide. Commercial airports serve as central infrastructure and vital hubs in the aviation sector. This book explores the risks and opportunities that European commercial airports face in the current environment. It delves into seven different aspects, including safety, environmental impact, sustainability, competition, economics, technological innovations, passenger experience, regulations, and politics. The objective of the book is to provide a comprehensive understanding of the current challenges in the airport industry and to present potential solutions in the form of opportunities and, where applicable, risks. This approach aims to illuminate the complexities of the industry and raise awareness of the interdependencies between airports and airlines.

The “No Frills” Strategy of Low-Cost Carriers

The “No Frills” Strategy of Low-Cost Carriers PDF Author: Daniel Döring
Publisher: GRIN Verlag
ISBN: 3640467302
Category : Business & Economics
Languages : en
Pages : 95

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Book Description
Thesis (M.A.) from the year 2009 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, Schmalkalden University of Applied Sciences, language: English, abstract: Therefore the FIRST chapter in this paper is going to have a look at the developments of the international airline industry in Europe. Here we are going to have a look at the historical development. It is going to be described in detail how the deregulation and liberalization in Europe happened, and what changes have been put in place. The liberalization packages are going to be described in detail, and the outcomes of the liberalisation and deregulation are going to be stated. In chapter THREE, the LCC’s are going to be introduced. Here we are going to have a quick introduction on what ‘NO-Frill’ means in the context of air travel. Further the development of LCC’s in Europe is going to be shown. After that there is going to be a focus on the development of LCC’s in Germany. Here the airlines which operate in Germany are going to be stated, and how they have developed over the years. Chapter FOUR is going to focus on the marketing strategy of LCC’s in Europe, and how they operate. This chapter focuses on how they operate, how they choose their network and fleet. Also important is to find out what their target market is, and how they manage their sales and pricing strategy. This chapter gives a detailed explanation on how such airlines function. After having had a look at the LCC’s strategy, Chapter FIVE focuses on the effects such airlines have on secondary airports. Also this chapter describes what regional effects such an airport has on its surrounding. In Chapter SIX the Airport Frankfurt Hahn stands in the centre of discussion. This chapter describes the several development stages of Frankfurt Hahn in terms of terminal or runway extension, and passenger development. Also this chapter analyses the catchment area of Frankfurt Hahn, and its infrastructure. After having introduced the Airport Frankfurt Hahn in detail, Chapter SEVEN focuses on the regional effects of the airport. Here the development of the industry based at Frankfurt Hahn is going to be in the centre of discussion, and how they impact the development of employment. Also the region around the airport is going to be introduced, and how they are favoured positively by the airport. Finally in the chapter the impact on the tourism industry of the area is going to be discussed. Chapter EIGHT will show the results of Chapter SEVEN in numbers. Chapter NINE will combine all the findings, and will show the conclusions of the paper.

The Economic Regulation of Airports

The Economic Regulation of Airports PDF Author: Peter Forsyth
Publisher: Routledge
ISBN: 1351891170
Category : Transportation
Languages : en
Pages : 260

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Book Description
This tour d'horizon book reviews airport regulation and competition in different regions of the world and contrasts different policy perspectives. Organized in four parts, the first three examine, in turn, Australasia, North America, and Europe, while the last section looks at the institutional reforms that have taken place in these regions. The book covers the regulation of airports, and competition in different regions, as well as privatization policy, the interaction between airports and airlines, and regional economic impacts. It also examines the linkages between governance structures and forms of regulation. The book's global sweep embraces all the large aviation markets, bringing together the ideas and challenges of academic economists, airlines, airport managers, consultants and government regulators. As well as looking at different methods, degrees and paradigms of regulation it also spells out the stress-points, in a way that makes essential reading for airport operators, airline operations staff, as well as academic economists concerned with transport studies. It also offers interesting reading and important lessons for those concerned with regulation of the utility industries such as, telecommunications, water and power generation and distribution - where infrastructure can be subject to natural monopoly characteristics and where firms competing in downstream markets are dependent on the investment and operational strategies of the upstream infrastructure operator.

Airport Economics

Airport Economics PDF Author: Peter Forsyth
Publisher: Taylor & Francis
ISBN: 1000900606
Category : Transportation
Languages : en
Pages : 223

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Book Description
This book provides a comprehensive guide to the economics of airports for all managers, regulators and educators within the aviation industry. Written by three renowned experts but made accessible and relevant for all those working within the industry, or aspiring to do so, it is the perfect entry point for learning about the underlying economics of airports as a crucial component of the air transport system. It explains the cost structures of airports and then relates these to how airports determine their charges. It explains how charges at different airports vary, whether this is due to different types of traffic, different input prices, ways of producing outputs or different levels of efficiency. Most airports are publicly owned or regulated, and there has been a trend towards privatisation. The book explains how airports have been regulated and assesses how well the regulatory structures have performed; it discusses the trend towards light-handed regulation and the reliance on competition where this exists. The book examines the problems of limited capacity at airports and how these are resolved through slots and charging systems, and the long-term solution of investment in airports—why it is controversial, and how it can be achieved effectively. It also considers the environmental impacts of airports and the issues these pose for managers, from the well-known problems of airport noise to the growing recognition of the impacts of air transport on climate change, and the roles airports play in mitigating these consequences. Written for airport and airline managers, regulators and students, this book will suit Bachelor’s and Master’s programmes on air transport management.

Airport Benchmarking

Airport Benchmarking PDF Author: Vanessa Liebert
Publisher:
ISBN:
Category :
Languages : en
Pages : 151

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Book Description
Subsequent to airline deregulation, an increasing commercialization, privatization and restructuring gradually changed a sovereign operated airport industry to modern business enterprises. Where market power was likely to be exploited, airports may now face competition with nearby airports or other transport modes. Consequently airport benchmarking became popular for comparisons with competitors and to assess efficiency changes resulting from the structural change. Within academic benchmarking a number of studies emerged utilizing parametric and non-parametric approaches to estimate the productivity and efficiency of airports. Building on the limitations and discussions from previous research the general objective of this thesis is to further the understanding of the airport industry and to improve airport benchmarking in order to enhance its usefulness for managerial, political and regulatory purposes. Particular emphasis is given on the consideration of the heterogeneous character of airports and how to explain efficiency difference across airports. The cumulative thesis presents the results of three research articles. The first article provides a survey on the methods, data and findings of empirical research from the current literature in airport benchmarking. The survey indicates substantial progress in the methodological application however many issues still remain unresolved such as the appropriate measurement of capital. The second article assesses the combined impact of ownership form, economic regulation and competition on airport performance and pricing in order to search for the most desirable combination. Australian and European are analyzed using non-parametric data envelopment analysis (DEA) in a first stage efficiency measurement and regression analysis in a second stage environmental study. The results reveal that airports not facing competition should be regulated to increase cost efficiency and prevent exploitation of market power. However, in a competitive setting, regulation inhibits airports of any ownership from operating efficiently. Nevertheless, unregulated private airports appear to remain profit-maximizer within competition. The third article aims to improve the airport benchmarking process. Most previous studies either treat the airport production technology as a black box or separate terminal and airside activities, assessing them individually. This research analyzes European airports as a single unit due to the direct complementarities but opening the black box through network DEA. Combined with dynamic clustering appropriate benchmarks are identified based on pre-defined characteristics. Compared to basic DEA models, the results of the network DEA structure provide more meaningful benchmarks with comparable peer units and target values that are achievable in the medium term.

Airport Benchmarking

Airport Benchmarking PDF Author: Vanessa Liebert
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Subsequent to airline deregulation, an increasing commercialization, privatization and restructuring gradually changed a sovereign operated airport industry to modern business enterprises. Where market power was likely to be exploited, airports may now face competition with nearby airports or other transport modes. Consequently airport benchmarking became popular for comparisons with competitors and to assess efficiency changes resulting from the structural change. Within academic benchmarking a number of studies emerged utilizing parametric and non-parametric approaches to estimate the productivity and efficiency of airports. Building on the limitations and discussions from previous research the general objective of this thesis is to further the understanding of the airport industry and to improve airport benchmarking in order to enhance its usefulness for managerial, political and regulatory purposes. Particular emphasis is given on the consideration of the heterogeneous character of airports and how to explain efficiency difference across airports. The cumulative thesis presents the results of three research articles. The first article provides a survey on the methods, data and findings of empirical research from the current literature in airport benchmarking. The survey indicates substantial progress in the methodological application however many issues still remain unresolved such as the appropriate measurement of capital. The second article assesses the combined impact of ownership form, economic regulation and competition on airport performance and pricing in order to search for the most desirable combination. Australian and European are analyzed using non-parametric data envelopment analysis (DEA) in a first stage efficiency measurement and regression analysis in a second stage environmental study. The results reveal that airports not facing competition should be regulated to increase cost efficiency and prevent exploitation of market power. However, in a competitive setting, regulation inhibits airports of any ownership from operating efficiently. Nevertheless, unregulated private airports appear to remain profit-maximizer within competition. The third article aims to improve the airport benchmarking process. Most previous studies either treat the airport production technology as a black box or separate terminal and airside activities, assessing them individually. This research analyzes European airports as a single unit due to the direct complementarities but opening the black box through network DEA. Combined with dynamic clustering appropriate benchmarks are identified based on pre-defined characteristics. Compared to basic DEA models, the results of the network DEA structure provide more meaningful benchmarks with comparable peer units and target values that are achievable in the medium term.