scholarly journals Low cost carriers and tourism destinations development: case study of Oporto, Portugal

2018 ◽  
Vol 14 (2) ◽  
pp. 7-15 ◽  
Author(s):  
Vânia Costa ◽  
◽  
Cláudia Almeida ◽  
Keyword(s):  
Low Cost ◽  
Low Cost Carriers ◽  
Tourism Destinations

scholarly journals Have Low-Cost Carriers Crowded Out Full Services and Charter Carriers in Tourism Destinations? A Trivariate Structural Time Series Analysis

2020 ◽  
pp. 004728752091080
Author(s):  
Juan L. Eugenio-Martin ◽  
Ubay Perez-Granja
Keyword(s):  
Time Series ◽  
Low Cost ◽  
German Market ◽  
Structural Time Series ◽  
Common Shocks ◽  
The United Kingdom ◽  
Low Cost Carriers ◽  
Tourism Destinations ◽  
Structural Time ◽  
The Relationship

Long-haul tourist arrivals depend on the airline market, its size, and the degree of competition. This article studies the entry and exit of full service carriers (FSCs), charter carriers (CCs) and low-cost carriers (LCCs) from two origins: the United Kingdom and Germany, and five sun-and-beach destinations in Spain. The relationship among all types of airlines is captured with a trivariate structural time series model to disentangle the airlines’ responses under common shocks of airlines’ entry and/or exit and provides estimates of immediate responses and indicators of responses over time. The results show that in the British market, the entry of LCCs has crowded out FSCs and CCs. However, in the German market, the results are heterogeneous and overall do not support the existence of such crowding out effect.

scholarly journals ECONOMIC IMPACTS ON DESTINATION AIR TRAFFIC FOLLOWING A FLAG CARRIER'S MARKET EXIT: A CASE STUDY FOR BUDAPEST

Aviation ◽  
2013 ◽  
Vol 17 (4) ◽  
pp. 161-169
Author(s):  
Adam Torok ◽  
Florian Heinitz
Keyword(s):  
Economic Impacts ◽  
Low Cost ◽  
Secondary Effects ◽  
Market Reactions ◽  
Financial Situation ◽  
Market Exit ◽  
Low Cost Carriers ◽  
Hungarian State

After 66 years of existence, the Hungarian state carrier MALEV had to cease operations in 2012 because of its financial situation. The sudden market exit affected more than half of the traffic at Budapest's Liszt Ferenc Airport (BUD). This paper aims to investigate the market reactions, taking particular note of the role of low-cost carriers (LCC). The examination of a legacy carrier's situation contending with dynamic low-cost airlines establishes the basis for the case of Budapest. Originating with the hypothesis that the shift from a flag carrier to an LCC dominated market has effects on incoming tourism, this paper also studies the secondary effects of this situation.

scholarly journals Airlines Performance and Eflciency Evaluation using a MCDA Methodology. The Case for Low Cost Carriers vs Legacy Carriers

2016 ◽  
Vol 6 (1) ◽  
Author(s):  
Miguel Miranda ◽  
Maria E. Baltazar ◽  
Jorge Silva
Keyword(s):  
Decision Making ◽  
Performance Indicators ◽  
Low Cost ◽  
Air Transportation ◽  
Air Transport ◽  
Multi Criteria Decision Making ◽  
Evaluation Technique ◽  
The Past ◽  
Low Cost Carriers

Abstract The air transport has suffered a remarkable transformation over the past decade. Thewaywe travel today is quite different from how we did ten years ago. Due to the rise of low cost carriers, the market of air transportation has been constantly changing and presently witnessing the transformation of legacy carriers in order to manage to continue operating. The main purpose of thiswork is to show the differences in efficiency for different performance areas on a case study comprised of six different airline carriers, legacy and low cost, using a Multi Criteria Decision Making (MCDA) tool - Measuring Attractiveness by a Category Based Evaluation Technique (MACBETH). With the results obtained in this study, it is expected to show the work that is being carried out to obtain a model that would measure the efficiency of one or various airline companies in a defined period of time, using a set of performance indicators, to which specialists in the area previously have given weights.

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