READING LIST

Aviation

How Alliances Carriers Established a Permanent Cartel

The US carriers faced the post 9/11 demand shock, while the European intercontinental flag carriers were facing increased competition in the Middle East and Asia. The consolidation movement was a reaction to these short-term problems....

Post-2004 Airline Industry Consolidation Reversed 30 years of Successful Pro-Consumer Policies

A small number of intercontinental carriers recaptured control of industry oversight in Washington and Brussels to convert the world’s most important markets from robust competition to a permanent oligopoly of Too Big To Fail airlines. Part 2...

Why Consolidation Undermined The Industry’s Ability to Recover From The Coronavirus Crisis

A major factor contributing to the industry’s struggles during the current crisis was the loss of resiliency due to the consolidation of the airlines serving the intercontinental market. Part 1 of a series of 4....