Title
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The impact of hub hierarchy and market competition on airfare pricing in US hub-to-hub markets
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Author
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Abstract
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This paper explores factors influencing the pricing behaviour of full-service carriers in hub-to-hub markets, which to date have rarely been the exclusive focus of research. Drawing on a 2009 dataset containing route and airfare information, we estimate a pricing model for the hub-to-hub markets in the United States. Our econometric analysis suggests that an airports position in carriers hub hierarchies, competition from low-cost carriers, and other market structure variables influence average airfares. |
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Language
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English
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Source (journal)
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Journal of air transport management. - London
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Publication
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London
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2013
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ISSN
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0969-6997
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DOI
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10.1016/J.JAIRTRAMAN.2013.06.016
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Volume/pages
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32
(2013)
, p. 65-70
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ISI
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000324669300009
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Full text (Publisher's DOI)
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Full text (publisher's version - intranet only)
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