Abstract
I explore state-owned and privately-owned incumbents’ differential pricing responses to low cost carrier (LCC) entry in the international airline market. I find that privately-owned incumbents substantively cut prices in response to LCC entry, whereas state-owned incumbents do not. The differential responses of state-owned vs. privately-owned is more considerable on the slot-restricted routes, where incumbents have monopolistic power. In addition, Chinese airlines and Gulf carriers who are aggressively expanding behave differently from other state-owned carriers.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
