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Title: HUBBING IN U.S. AIR TRANSPORTATION SYSTEM: ECONOMIC APPROACH
Accession Number: 00732487
Record Type: Component
Record URL: Availability: Find a library where document is available Abstract: The dynamics of airline hubbing in the postderegulation U.S. air transportation system are examined. It is asserted that hubbing is not the result of arbitrary decisions by airlines but of economic forces that allow hubbed traffic to be understood and possibly predicted. On the basis of three primary hubbing criteria, an economic model of hub choice is developed. In the model, hubbing is assumed to be (a) intricately tied to the national air network, (b) grounded in the airlines' economic cost structure, and (c) the result of a balance of supply and demand forces. The route choice model is estimated for domestic U.S. hub markets. The model results support the first two of the three hubbing criteria and produce relative valuations of in-flight time, airport capacity delays, and schedule delays for connecting flights. These results are valuable in understanding the interplay of forces that lead to hub development and decline. In addition, the model structure is promising as a planning tool to investigate the redistribution of traffic in the U.S. air transportation network under various development scenarios and policy actions.
Supplemental Notes: This paper appears in Transportation Research Record No. 1562, Aviation Management, Systems, and Economic Issues.
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Weidner, T JPagination: p. 28-37
Publication Date: 1996
Serial: ISBN: 0309059601
Features: Figures
(3)
; References
(18)
; Tables
(2)
TRT Terms: Uncontrolled Terms: Geographic Terms: Old TRIS Terms: Subject Areas: Aviation; Economics; Finance; Highways; Planning and Forecasting; Society
Files: TRIS, TRB
Created Date: Feb 26 1997 12:00AM
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