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Comparative study of hub airports in Europe : ticket prices, travel time and rescheduling costs

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  • Bruinsma, Frank

    (Vrije Universiteit Amsterdam, Faculteit der Economische Wetenschappen en Econometrie (Free University Amsterdam, Faculty of Economics Sciences, Business Administration and Economitrics)

  • Rietveld, Piet
  • Brons, Martijn

Abstract

This paper investigates the strategic position of four European airports in the aviation network by means of a generalised cost function. We compare the performance of the hub airports London, Paris, Frankfurt, and Amsterdam. Our analysis entails flights from smaller European airports via these hubs to intercontinental destinations and vice versa. The comparative positions of the cities in the airport network is determined by a generalised cost function in which travel cost, travel time and rescheduling time (as a function of the frequency of the service) are included. An important feature of our comparative study is that various market segments are identified (business, tourists). We find that the positions of the hub airports for the business class passengers differ from those for economy class passengers. Using high-speed rail as an alternative for the European part of the trip is only attractive for a rather restricted segment of the market.

Suggested Citation

  • Bruinsma, Frank & Rietveld, Piet & Brons, Martijn, 1999. "Comparative study of hub airports in Europe : ticket prices, travel time and rescheduling costs," Serie Research Memoranda 0050, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    • Handle: RePEc:vua:wpaper:1999-50
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    References listed on IDEAS

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    1. Frank Bruinsma & Piet Rietveld, 1993. "Urban Agglomerations in European Infrastructure Networks," Urban Studies, Urban Studies Journal Limited, vol. 30(6), pages 919-934, June.
    2. Bruinsma, Frank & Rietveld, Piet & Brons, Martijn, 1999. "De strategische positie van de belangrijkste luchthavens in Noordwest Europa," Serie Research Memoranda 0033, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    3. Greenhut,Melvin L. & Norman,George & Hung,Chao-Shun, 1987. "The Economics of Imperfect Competition," Cambridge Books, Cambridge University Press, number 9780521315647, January.
    4. Greenhut,Melvin L. & Norman,George & Hung,Chao-Shun, 1987. "The Economics of Imperfect Competition," Cambridge Books, Cambridge University Press, number 9780521305525, January.
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    2. Redondi, Renato & Malighetti, Paolo & Paleari, Stefano, 2011. "Hub competition and travel times in the world-wide airport network," Journal of Transport Geography, Elsevier, vol. 19(6), pages 1260-1271.
    3. O’Connell, John F. & Bueno, Oriol Escofet, 2018. "A study into the hub performance Emirates, Etihad Airways and Qatar Airways and their competitive position against the major European hubbing airlines," Journal of Air Transport Management, Elsevier, vol. 69(C), pages 257-268.

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    JEL classification:

    • L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation

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