Article ID Journal Published Year Pages File Type
7428144 Transportation Research Part E: Logistics and Transportation Review 2014 15 Pages PDF
Abstract
We document and analyze events that followed bankruptcy of Malév Hungarian Airlines on February 3, 2012. Most of the new services post-bankruptcy came from low-cost point-to-point carriers. Flight frequency offered by such carriers is lower than what was offered by the network airline. Yet, fares charged by these airlines are presumably also lower. We suggest a methodological approach to analyze the corresponding trade-off, and apply it to our data. We conclude that passengers flying to seven out of eighteen former Malév destinations where point-to-point carriers entered might be worse off despite potentially paying lower prices.
Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
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