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Title: Airline Consolidation and Hub Abandonment: The Impact on Regional Economies
Accession Number: 01550098
Record Type: Component
Availability: Transportation Research Board Business Office 500 Fifth Street, NW Abstract: Since the United States' 1978 Airline Deregulation Act, the legacy commercial air transport industry followed two significant and interdependent trends: hub-and-spoke network operations and air carrier consolidation. However, as airlines merge operations through consolidation, they rationalize routes, aircraft fleet and facilities to maximize efficiency and reduce costs. This includes abandoning redundant hub airports. This paper develops research to examine the question; What is the regional impact of hub abandonment due to airline consolidation? This paper utilizes a case study analysis of two abandoned airlines hubs, Pittsburgh International Airport and Lambert-Saint Louis International Airport, contrasted with two viable airline hubs, Minneapolis-Saint Paul International Airport and Charlotte/Douglas International Airport. Due to data availability covering a period of legacy airline consolidation the analysis includes 2000 through 2012 and utilizes three methods: input-output model, fixed-effects panel analysis and econometric comparison. A unique dataset is created from sources including airline passengers, air carrier flights, airport operations, air transport employment and regional gross domestic product. Further, the paper develops recommendations for airport operators and regional planners to understand and predict the economic impact of hub abandonment and develop policies to mitigate or leverage the regional impact.
Supplemental Notes: This paper was sponsored by TRB committee AV040 Aviation Economics and Forecasting.
Monograph Title: Monograph Accession #: 01550057
Report/Paper Numbers: 15-2409
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: McCormick, Michael JPagination: 17p
Publication Date: 2015
Conference:
Transportation Research Board 94th Annual Meeting
Location:
Washington DC, United States Media Type: Digital/other
Features: Figures; References
TRT Terms: Identifier Terms: Subject Areas: Administration and Management; Aviation; Economics; Terminals and Facilities; I10: Economics and Administration
Source Data: Transportation Research Board Annual Meeting 2015 Paper #15-2409
Files: TRIS, TRB, ATRI
Created Date: Dec 30 2014 12:51PM
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