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The Evolution of the Us Airline Industry: Theory, Strategy and Policy
Hardcover
Series: Studies in Industrial Organization, Book 25
ISBN13: 9780387242132
Publisher: Springer Nature
Published: Jul 13 2005
Pages: 298
Weight: 1.38
Height: 0.81 Width: 6.48 Depth: 9.82
Language: English
Fierce competition between Airbus and Boeing and plummeting new aircraft prices in the early 2000s fueled low-cost competition of unprecedented scope that destroyed the old business model. This book discusses the evolution of the hub-and-spoke network system and the associated price discrimination strategy, as the post-deregulation dominant business model of the major incumbent airlines and its breakdown in the early 2000s. The book debates the impact and merit of government regulation of the industry, and examines uncertainty, information problems, and interest group structures that have shaped environmental and safety regulations.
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