Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7428144 | Transportation Research Part E: Logistics and Transportation Review | 2014 | 15 Pages |
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.
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Authors
Volodymyr Bilotkach, Juergen Mueller, Adél Németh,