We provide an interpretive analysis of vertical relations between airports and carriers, while assessing the way in which deregulation of the airline market and the privatization of airports have created incentives for airport–airline interaction. In particular, if the vertical structure approach has become the standard approach in air transport research, we add to the literature by discussing three issues that we believe need further understanding. The three issues that we think should be the focus of future research on airport–airline interaction are (i) incomplete contracts and asymmetric information structure; (ii) upstream horizontal complementarities; and (iii) airports as two-sided platforms.
Airport–Airline interaction: some food for thought / D'Alfonso, Tiziana; Nastasi, Alberto. - In: TRANSPORT REVIEWS. - ISSN 0144-1647. - STAMPA. - 34:6(2014), pp. 730-748. [10.1080/01441647.2014.971470]
Airport–Airline interaction: some food for thought
D'ALFONSO, TIZIANA;NASTASI, Alberto
2014
Abstract
We provide an interpretive analysis of vertical relations between airports and carriers, while assessing the way in which deregulation of the airline market and the privatization of airports have created incentives for airport–airline interaction. In particular, if the vertical structure approach has become the standard approach in air transport research, we add to the literature by discussing three issues that we believe need further understanding. The three issues that we think should be the focus of future research on airport–airline interaction are (i) incomplete contracts and asymmetric information structure; (ii) upstream horizontal complementarities; and (iii) airports as two-sided platforms.File | Dimensione | Formato | |
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