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Charter and Low Cost Airlines

P/B/672. Contestable market theory and deregulation in airline industry

WORDS:
2000
DATE:
2006
PRICE:
29.99 GBP

The paper reviews the theory of contestable markets applying it to the airline industry. The impacts of the deregulation of the US airline industry are discussed analysing its lessons, outlining the barriers for the new entrants, and describing the emergence of the low cost airline industry in Europe (Ryanair, easyJet).

 

KEYWORDS: Contestable market, deregulation, airline industry, Ryanair, easyJet,

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