Citation link:
Publisher DOI: https://doi.org/10.1016/j.retrec.2022.101235
https://media.suub.uni-bremen.de/handle/elib/6616
Publisher DOI: https://doi.org/10.1016/j.retrec.2022.101235

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 |
Items in Media are protected by copyright, with all rights reserved, unless otherwise indicated.