Airport Competition

Peter Forsyth, Monash University, Australia; David Gillen, University of British Columbia, Canada; Jürgen Müller, Berlin School of Economics, Germany and Hans-Martin Niemeier, University of Applied Sciences, Germany

'This is a very timely book addressing issues that have now emerged as critical ones for air transport regulators and policy-makers. It is also a comprehensive compilation of scholarly writings on airport competition by many of the best people in air transport economics. The editors have done an excellent job of organizing the contributions around several major themes and ensuring quality and internal consistency. Despite its focus on European airports, this book is of universal interest.' Amedeo R. Odoni, Massachusetts Institute of Technology, USA 'Forsyth et al have produced a timely and important contribution to the evidence base and thinking on this critical issue. Regulators and governments should take note as they consider the effectiveness of competition in the airports sector. It can and does exist. The key question is can it be strong enough to constrain the abuse of market power? The answer, based on this excellent and balanced set of papers, is quite rightly presented as not being black and white but requiring hard analysis on a case by case basis. The authors show that there are many important questions still to be answered before we can, in practice, determine where consumers can rely on competition to discipline the market for airport services.' Brian Pearce, Chief Economist, IATA 'This book provides a welcome addition to the understanding and historical detail of this important, and often overlooked issue.' The Aerospace Professional April 2011 '... this is a very interesting and useful compilation, containing a number of papers which should be required reading in their respective fields. As such, it is strongly recommended.' Journal of Airport Management, Vol 5 No 3, 2011

• 1: Introduction and Overview; A: How Do Airports Compete and How Strong is Competition?; 2: Airport Competition and Network Access: A European Perspective; 3: Airport Entry and Exit: A European Analysis; 4: Airport Pricing; 5: Countervailing Power to Airport Monopolies; 6: Competition Between Major and Secondary Airports: Implications for Pricing, Regulation and Welfare; 7: Airport Strategies to Gain Competitive Advantage; 8: An Empirical Analysis of Airport Operational Costs; 9: Competition Between Airports: Occurrence and Strategy; 10: Airport Competition for Freight; B: Traveller Choice and Airport Competition; 11: Modelling Air Travel Choice Behaviour; 12: Airport Choice Behaviour: Findings from Three Separate Studies; 13: Improved Modelling of Competition among Airports through Flexible Form and Non-Diagonal Demand Structures Explaining Flows Registered within a New Traffic Accounting Matrix; C: Case Studies of Airport Competition; 14: Competition in the German Airport Market: An Empirical Investigation; 15: Competition among Airports and Overlapping Catchment Areas: An Application to the State of Baden-Württemberg; 16: Airport Competition in Greece: Concentration and Structural Asymmetry; 17: The Airport Industry in a Competitive Environment: A United Kingdom Perspective 1; 18: The Effect of Low-Cost Carriers on Regional Airports' Revenue: Evidence from the UK; D: Policy Issues; 19: Competition and the London Airports: How Effective Will It Be?; 20: Airport Alliances and Multi-Airport Companies: Implications for Airport Competition; 21: Airport Competing Terminals: Recent Developments at Dublin Airport; 22: Competition, State Aids and Low-Cost Carriers: A Legal Perspective; 23: Subsidies and Competition: An Economic Perspective; 24: Competition for Airport Services — Ground Handling Services in Europe: Case Studies on Six Major European Hubs 1; 25: Airport Competition: Market Dominance and Abuse; 26: Airport Competition: A Perspective and Synthesis