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  4. The big three EU Low Cost Carriers before and during the Covid-19 pandemic: Network overlaps and airfare effects
 
Verlagslink DOI
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

Veröffentlichungsdatum
2022
Autoren
Zhang, Hanxiang  
Czerny, Achim I.  
Grimme, Wolfgang  
Niemeier, Hans-Martin  
Zusammenfassung
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.
Schlagwörter
Covid-19

; 

Europe

; 

low cost carriers

; 

network overlaps

; 

airfares
Institution
Hochschule Bremen  
Fachbereich
Hochschule Bremen - Fakultät 1: Wirtschaftswissenschaften - School of International Business (SiB)  
Dokumenttyp
Artikel/Aufsatz
Zeitschrift/Sammelwerk
Research in Transportation Economics  
Startseite
101235
Sprache
Englisch

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