Title

Long Term Relationships between Open Skies Agreements and Passenger Flight Schedules between US and Europe

Publication Type

Conference Paper

Publication Date

6-2009

Abstract

This paper examines the long term impact of open skies agreements between US and Europe from the perspective of scheduled passenger flights. Our analysis is based on flight schedule data from the Official Airline Guide and also includes bilateral trade volume data and crude oil prices. We find that the changes in frequency, in total capacity (in terms of number of seats per week) and in inter-city connectivity (in terms of number of cities and city-pairs served) are more complex than the conventional notion of an abrupt, monotonic increase in air transport services between countries that have bilateral open skies agreements compared to those without. The results of this study would help temper the expectations of policy makers from open skies agreements. They would also have implications on possible transatlantic airline mergers.

Keywords

airlines, open skies, transatlantic air service agreements, capacity

Discipline

Strategic Management Policy | Transportation

Research Areas

Strategy and Organisation

Publication

Air Transport Research Society Annual Conference, June 2009, Abu Dhabi

City or Country

Abu Dhabi, UAE

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