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An examination of the relationships between competition and the deregulation and liberalisation of the US and European air transport sectors reveals that the structure of the air transport sector has undergone a number of significant changes: a growing number of airlines are entering into horizontal and vertical cooperative arrangements and integration including franchising, codeshare agreements, alliances, virtual mergers and in some cases, mergers with other airlines, groups of airlines or other complementary lines of business such as airports. This book considers the current legal issues affecting the air transport sector incorporating recent developments in the air transport sector, including the end of certain exemptions from EU competition rules, the effect of the EU-US Open Skies Agreement, the accession of new EU Member States and the Lisbon Treaty. The book explores the differing European and US regulatory approaches to the changes in the industry and examines how airlines have remained economically efficient in what is perceived as a complex and confused regulatory environment. The book will focus on the approaches to deregulate, liberalise and reregulate the European and the US air transport sectors to emphasise the ability of airlines to rationalise vis-à-vis innovative and cooperative, yet workably competitive strategies in spite of the at times chaotic space within which airlines operate.
This book investigates how the airline industry navigates the complex and often contradictory regulatory frameworks governing competition in the United States and Europe. Author Steven Truxal, an expert in air transport law, analyzes the evolution of deregulation and liberalization policies. He examines how airlines utilize cooperative strategies—such as alliances, codeshare agreements, and mergers—to maintain economic efficiency despite a volatile and fragmented legal environment. The text provides a comparative study of transatlantic regulatory approaches to determine how firms adapt to shifting political and economic landscapes.
What You Will Find
Experts recognize this work as a detailed legal and economic analysis of the modern aviation sector. Readers frequently note the academic density of the prose, making it a valuable resource for students and professionals interested in transport policy and competition law.
Page Count:
0
Publication Date:
2012-01-01
Publisher:
Routledge
ISBN-10:
0203119460
ISBN-13:
9780203119464
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