Arbeitspapier
European Airline Mergers, Alliance Consolidation, and Consumer Welfare
This paper explores the effects of a European airline merger followed by a consolidation of two competing international alliances. The exercise has been inspired by the Air France-KLM merger, which is expected to spur consolidation of the Northwest-KLM and SkyTeam alliances into a single mega-alliance. The results of the analysis show that, although the airlines benefit through higher profits, the merger and alliance consolidation harm consumers while reducing overall social surplus. The reason for this negative outcome is that, as modeled, all the effects of the merger and alliance consolidation are anticompetitive.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 1154
- Klassifikation
-
Wirtschaft
- Thema
-
european airline merger
airlines
airline alliance
transportation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Brueckner, Jan K.
Pels, Eric
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Brueckner, Jan K.
- Pels, Eric
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2004
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