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Citation link: https://media.suub.uni-bremen.de/handle/elib/6616

Publisher DOI: https://doi.org/10.1016/j.retrec.2022.101235
 
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The big three EU Low Cost Carriers before and during the Covid-19 pandemic: Network overlaps and airfare effects


Authors: Zhang, Hanxiang 
Czerny, Achim I. 
Grimme, Wolfgang 
Niemeier, Hans-Martin 
Abstract: 
This study uses a large dataset to consider the network change of the three largest European Low Cost Carriers (LCCs) easyJet, Ryanair and Wizz Air during the pre-Covid-19 period and the Covid-19 pandemic period. Network changes are characterized in terms of airport pairs, city pairs, numbers of flights and network overlaps. The results show that European LCCs increasingly expanded their networks into markets that had already been served by incumbent LCCs, which indicates that LCCs increasingly compete head-to-head among themselves. Difference-in-differences regressions estimate that network overlaps among these LCCs lead to airfare reductions of approximately six Euros, ten percent.
Keywords: Covid-19; Europe; low cost carriers; network overlaps; airfares
Issue Date: 2022
Journal/Edited collection: Research in Transportation Economics 
Start page: 101235
Type: Artikel/Aufsatz
ISSN: 07398859
Institution: Hochschule Bremen 
Faculty: Hochschule Bremen - Fakultät 1: Wirtschaftswissenschaften - School of International Business (SiB) 
Appears in Collections:Bibliographie HS Bremen

  

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