1. Airline Deregulation and Airline Economics

2. Airports you have known?

3. References Gillen, D. “Airline Business Models and Networks” Review of Network Economics, 2006.

4. Outline History of Regulation and Deregulation in Airlines The evolution of Hub and Spoke Networks Computer Reservation Systems, Frequent Flyer Plans The emergence of the Low Cost Carrier as the “21 st century business model” Predatory pricing in Airlines

10. The LCC Advantage Average Stage LengthFlight Cost per Seat Mile Southwest4724.0 United6398.1 Delta5467.1

11. Sources of Cost Advantage Labour costs Sales and Reservations (internet) Maintenance costs