Long Term Relationships between Open Skies Agreements and Passenger Flight Schedules between US and Europe
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.
airlines, open skies, transatlantic air service agreements, capacity
Strategic Management Policy | Transportation
Strategy and Organisation
Air Transport Research Society Annual Conference, June 2009, Abu Dhabi
City or Country
Abu Dhabi, UAE
FAN, Terence Ping Ching and Kavusan, Korcan.
Long Term Relationships between Open Skies Agreements and Passenger Flight Schedules between US and Europe. (2009). Air Transport Research Society Annual Conference, June 2009, Abu Dhabi. Research Collection Lee Kong Chian School Of Business.
Available at: http://ink.library.smu.edu.sg/lkcsb_research/1831