Airline Deregulation and Airport Regulation

Airport noise regulation , airline service quality , and social welfare

This paper explores the impact of airport noise regulation on airline service quality and airfares. It also characterizes the socially optimal stringency of noise limits, taking both noise damage and the various costs borne by airlines and their passengers into account. The analysis also investigates the effect of noise taxes, as well as the optimal level of such taxes. Along with the companion...

Airline Deregulation and Privatization in the Uk

"Don't Panic"': A Primer on Airline Deregulation

The old dictum says that if the Devil did not exist, the Church would have had to invent him. Similarly, if the regulator didn't exist, the airline industry would have had to invent him-and did in 1938. A current question is what would happen to the industry were it totally deregulated. One thesis is that there would be a rush by existing and new entrants to those routes thought to be profitabl...

Deregulation Induced Volatility of Airport Traffic

Airline deregulation is spreading worldwide and has important consequences for the planning, design, and management of airports. One important effect is that the overall traffic at an airport -and by extension its revenues is much more volatile in a liberal environment. This is demonstrated by analysis of the US experience over the last twenty-five years. The increased risk thus associated with...

Mitigating Airport Congestion: Market Mechanisms and Airline Response Models

Efficient allocation of scarce resources in networks is an important problem worldwide. In this thesis, we focus on resource allocation problems in a network of congested airports. The increasing demand for access to the world’s major commercial airports combined with the limited operational capacity at many of these airports have led to growing air traffic congestion resulting in several billi...