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The Air Transportation Industry
Economic Conflict and Competition

Provides insights into the competitive interactions between the various actors in the air transportation industry

Rosario Macario (Edited by), Eddy Van de Voorde (Edited by)

9780323915229, Elsevier Science

Paperback / softback, published 22 November 2021

474 pages
22.9 x 15.2 x 3 cm, 0.77 kg

The aviation sector consists of various actors such as airlines, ground handling companies, and others all with conflicting priorities. In order to understand how these actors position themselves in an increasingly competitive market, The Air Transportation Industry: Economic Conflict and Competition analyzes all the market segments in detail, examining such issues as which industrial economic structure drives decisions, the main economic problems, the consequences for negotiations between different actors, impacts on the global aviation market, and much more.

This book covers the entire aviation sector including strategies, regulation, resilience, privatization, airport slot management, and more. It examines how economic and strategic struggles underlie the current market structure, both for aviation as a whole and for the constituent actors as carriers, authorities, and handlers. It examines the ways market and nonmarket approaches impact the competitiveness of the air transport industry, offering a complete mapping of the economic actions between actors of the air transport industry. This volume will help readers gain insight into the possible strategic choices and the mutual competitive strength within the future aviation market.

1. Economic structure of the air transport business 2. The burden of a ton CO2! Emission trading systems and the air transport business 3. Labour in the aviation industry: Wages, disputes, and shocks 4. The air transportation vertical channel, the global value added and the role played by private vs public control 5. Exogenous shocks on air transport business: the effects of a global emergency 6. The impact of regulation on the airport industry: the Italian case 7. Airline pricing, incumbents and new entrants 8. The fight for airport slots: the case of Amsterdam Airport Schiphol 9. Different approaches to airport slots. Same results, same winners? 10. Black Swans or gray rhinos on the runway? The role of uncertainty in airport strategic planning 11. Making sense of airport security in small and medium-sized airports 12. How can airports influence airline behavior to reduce carbon footprint? 13. The measurement of accessibility and connectivity in air transport networks 14. Fighting for market power: the case of Norwegian airlines 15. Is privatization of ATC an economic game changer? Who gains and who loses? 16. The forwarders power play effect on competition in the air cargo industry 17. Fuel hedging: how many games can we play? 18. The effect of accidents on aircraft manufacturers' competition 19. How strategy can influence the market: recommendations and conclusions

Subject Areas: Transport: general interest [WG], Central government policies [JPQB]

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