Is EU's Open Aviation Policy Good for Air Transport?

International air transport is at a crossroads. The aviation industry's center of gravity has moved toward the East, with main hubs in the Gulf region and ever-increasing passenger markets located in Asia. Long-haul inter-continental low-cost-...

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Bibliographic Details
Main Authors: Abate, Megersa A., Christidis, Panayotis
Format: Brief
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/656521506001907523/Is-EUs-open-aviation-policy-good-for-air-transport
http://hdl.handle.net/10986/28353
Description
Summary:International air transport is at a crossroads. The aviation industry's center of gravity has moved toward the East, with main hubs in the Gulf region and ever-increasing passenger markets located in Asia. Long-haul inter-continental low-cost-carriers have emerged. Global alliances and their effects on competition have come into question. These outcomes have led to a reignited interest in the issue of liberalization in aviation: European regulators now need to balance concerns about fair competition with their own decades-long push for the multilateral liberalization of the aviation industry.