Airport–airline vertical relationships, their effects and regulatory policy implications

Air route suspension: The role of stakeholder engagement and aviation and non-aviation factors

“…For airports, long-term contracts with airlines are advantageous because airlines manage the key airport facilities, infrastructure, and airport revenues. Airlines also support airports by creating facilities and infrastructure specific to their customers (Fu et al, 2011), such as lounges near gates and smoother connection procedures.…”

Intangible resources of competitive advantage: Analysis of 49 Asian airlines across three business models

“…Slots are often also a traditional requirement for market access, albeit to varying degrees. The significance of slots for the surveyed Asian airlines is because, like elsewhere, they materialise principally from a shortage of them at major and congested airports given high slot possession by incumbent carriers, so resulting in a significant barrier to entry and potentially a monopolistic and anticompetitive situation (Fu et al, 2011;Narangajavana et al, 2014). While slots are typically still available for other airlines, they are often at suboptimal times and will likely present a competitive disadvantage, of some degree, to the acquirer.…”

Dominant carrier performance and international liberalization – The case of Northeast Asia

“…Recent studies suggest that the growth of dominant airlines, and vertical arrangements with airports, affect the equilibrium of aviation markets, leading to interactive dynamics between hub carrier performance and airport development (see Barbot, 2009;Zhang et al, 2010;Fu et al, 2011;Homsombat et al, 2011;Yang et al, 2015, for example). This implies that Chinese carriers have not yet fully leveraged the market potential and domestic dominance at their hubs in order to develop international services.…”