A case study of pricing strategies in European airline markets: The London-Amsterdam route

被引:18
|
作者
Alderighi, Marco [1 ,2 ]
Cento, Alessandro [3 ]
Piga, Claudio A. [4 ,5 ]
机构
[1] Univ Valle dAosta, I-11020 St Christophe, Italy
[2] Bocconi Univ, CERTeT, I-20136 Milan, Italy
[3] Air France KLM, I-20090 Segrate, Italy
[4] Univ Loughborough, Dept Econ, Loughborough LE11 3TU, Leics, England
[5] RCEA, I-47900 Rimini, Italy
关键词
Market segmentation; Stay restrictions; Inter-temporal discrimination; Pricing; DISCRIMINATION; COMPETITION; DISPERSION; INDUSTRY;
D O I
10.1016/j.jairtraman.2011.02.009
中图分类号
U [交通运输];
学科分类号
08 ; 0823 ;
摘要
Published fares London-Amsterdam are used to examine the pricing practices of low-cost and legacy carriers when operating in a large and crowded market. We investigate two strategies of market segmentation involving the time before departure the ticket has been bought, inter-temporal segmentation, and the duration of the stay, implicit segmentation. We find inter-temporal price discrimination emerges as an important strategy for all pricing but the two legacy carriers involved, British Airways and KLM, differ in their use of stay restrictions: British Airways does not assign a specific role to the duration of stay, while KLM make use of such rules extensively in price setting. (C) 2011 Elsevier Ltd. All rights reserved.
引用
收藏
页码:369 / 373
页数:5
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