Aviation and the Pursuit of Contestability |
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Authors: | Sean D Barrett |
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Institution: | Sean Barrett is Fellow of Trinity College, Dublin, and Senior Lecturer in Economics. |
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Abstract: | Pro-contestability policies are required to promote efficient airlines. The problem is acute in Europe where protectionist policies have led to high-fare, low-profit, low-productivity airlines and a steady loss of market than of world aviation to the low-cost profitable airlines of the Asia-Pacific region. |
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