首页 | 本学科首页   官方微博 | 高级检索  
     


Grounded: Characterising the market exit of European low cost airlines
Affiliation:1. SEO Amsterdam Economics, Roetersstraat 29, 1018 WB Amsterdam, The Netherlands;2. University of Amsterdam, Amsterdam Business School, Plantage Muidergracht 12, 1018 TV Amsterdam, The Netherlands;1. University of Cergy-Pontoise, France;2. Paris School of Economics and University of Paris 1, France
Abstract:The aim of this paper is to undertake a comprehensive study of low cost carrier (LCC) market entry and exit in Europe between 1992 and 2012. In the 20 year period between 1992 and 2012, 43 LCCs have taken advantage of the progressive liberalisation of the European aviation market and commenced scheduled flight operations within the continent. Of these 43, only 10 remain operational, a failure rate of 77%. This paper contributes to extant literature on LCCs by examining the market entry, business practices, operating longevity and fate of failed operators to characterise European LCC market exit. Drawing on the findings of a detailed continental-wide study, the paper identifies that an airline's start-up date, the nature and size of its operation and the size and composition of its aircraft fleet are key factors which influence LCC success and failure. The implications for both European and emerging LCC markets are discussed.
Keywords:Low cost carriers (LCCs)  Market exit  Europe
本文献已被 ScienceDirect 等数据库收录!
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号