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Airline competition and consolidation : issues and trends

Publisher: New York : Nova Publishers, [2014] ©2014
Series: Transportation issues, policies and R & D series.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Since 2007, there have been four major airline mergers. As a result of this consolidation, about 85 percent of passengers in the U.S. flew on four domestic airlines in 2013. Certain industry observers have raised concerns that consolidation could have adverse effects on airline competition, such as higher airfares and reduced service. Others argue that consumers stand to benefit from recent changes in the industry  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Reid, Caroline.
Airline Competition and Consolidation : Issues and Trends.
Hauppauge : Nova Science Publishers, Inc., ©2014
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
ISBN: 9781634631501 1634631501
OCLC Number: 894666748
Notes: Includes index.
Description: 1 online resource.
Contents: AIRLINE COMPETITION AND CONSOLIDATION: ISSUES AND TRENDS; AIRLINE COMPETITION AND CONSOLIDATION: ISSUES AND TRENDS; Library of Congress Cataloging-in-Publication Data; CONTENTS; PREFACE; Chapter 1: AIRLINE COMPETITION: THE AVERAGE NUMBER OF COMPETITORS IN MARKETS SERVING THE MAJORITY OF PASSENGERS HAS CHANGED LITTLE IN RECENT YEARS, BUT STAKEHOLDERS VOICE CONCERNS ABOUT COMPETITION; WHY GAO DID THIS STUDY; WHAT GAO FOUND; ABBREVIATIONS; BACKGROUND; INCREASED REVENUES AND REDUCED COSTS HAVE STRENGTHENED THE FINANCIAL HEALTH OF THE U.S. AIRLINE INDUSTRY. Despite industry consolidation, the average number of competitors has not substantially changed in the markets traveled by the majority of passengersconsumers have experienced a rise in fares, additional fees, and fewer flights in certain markets, but benefit from new services and expanded networks; airline stakeholders identified several challenges to airline competition and proposed limited federal actions to address them; agency comments; appendix i. objectives, scope, and methodology; appendix ii. results of market structureanalysis for the u.s. passenger airline industry,2007-2012. Chapter 2: AIRLINE MERGERS: ISSUES RAISED BY THE PROPOSED MERGER OF AMERICAN AIRLINES AND USAIRWAYS. STATEMENT OF GERALD L. DILLINGHAM, DIRECTOR, PHYSICAL INFRASTRUCTURE ISSUES, GOVERNMENT ACCOUNTABILITY OFFICE. HEARING ON"AIRLINE INDUSTRY CONSOLIDATION"WHY GAO DID THIS STUDY; WHAT GAO FOUND; BACKGROUND; THE DEPARTMENT OF JUSTICE'S ANTITRUST REVIEW IS A CRITICAL STEP IN THE AIRLINE MERGER AND ACQUISITION PROCESS; FINANCIAL BENEFITS TO SHAREHOLDERS DRIVE AIRLINE MERGERS; THE PROPOSED AMERICAN AND US AIRWAYS MERGER WOULD CREATE THE LARGEST U.S. PASSENGER AIRLINE. Chapter 3: REDUCTIONS IN COMPETITION INCREASE AIRLINE FLIGHT DELAYS AND CANCELLATIONSMEMORANDUM; RESULTS IN BRIEF; BACKGROUND; DELAYS INCREASED WHEN COMPETITION DECREASED; THE PERCENTAGE OF CANCELLED FLIGHTS INCREASED AS COMPETITION DECREASED; EFFECTS OF REDUCED COMPETITION ON AIRLINE SERVICE QUALITY DEPENDED ON INITIAL COMPETITION LEVELS; CONCLUDING OBSERVATIONS; AGENCY COMMENTS AND OFFICE OF INSPECTOR GENERAL RESPONSE; EXHIBIT A. SCOPE AND METHODOLOGY; EXHIBIT B. DETAILED SCOPE AND METHODOLOGY; EXHIBIT C. MAJOR CONTRIBUTORS TO THIS REPORT; REFERENCES; INDEX.
Series Title: Transportation issues, policies and R & D series.
Responsibility: Caroline Reid, editor.

Abstract:

Since 2007, there have been four major airline mergers. As a result of this consolidation, about 85 percent of passengers in the U.S. flew on four domestic airlines in 2013. Certain industry observers have raised concerns that consolidation could have adverse effects on airline competition, such as higher airfares and reduced service. Others argue that consumers stand to benefit from recent changes in the industry as profitable airlines reinvest in new planes and expand their networks. This book addresses changes to the financial health of the U.S. airline industry since 2007; changes to the s.

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