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Title:

Impact of Airline Mergers on Environmental Externalities

Accession Number:

01714034

Record Type:

Component

Availability:

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Order URL: http://worldcat.org/issn/03611981

Abstract:

The U.S. airline industry has experienced consolidation in the last decade. At the same time, global environmental concerns have continued to grow. This paper examines the impact of three recent airline mergers on the environment by comparing per-departure NOX emission and the total NOX emission from merging firms at a given airport versus those emitted by non-merging firms at the same airport, by focusing on emissions from airplane flight landing/take-off cycles. The regression results suggest that mergers overall have no impact on either per-departure NOX emissions or total NOX emissions, while some individual mergers resulted in decreased emissions. However, this study finds that mergers have a negative impact on NOX emissions in the medium term when flight destinations are hub airports and a positive impact on NOX emissions in the medium term when flight destinations are non-hub airports.

Supplemental Notes:

The ACRP Selection Panel for the Graduate Research Award Program on Public-Sector Aviation Issues peer-reviewed this paper (19-06127). © National Academy of Sciences: Transportation Research Board 2019.

Language:

English

Authors:

Park, Yongjoon

Pagination:

pp 529-537

Publication Date:

2019-12

Serial:

Transportation Research Record: Journal of the Transportation Research Board

Volume: 2673
Issue Number: 12
Publisher: Sage Publications, Incorporated
ISSN: 0361-1981
EISSN: 2169-4052
Serial URL: http://journals.sagepub.com/home/trr

Media Type:

Web

Features:

References (14)

Subject Areas:

Aviation; Economics; Environment; Terminals and Facilities

Files:

TRIS, TRB, ATRI

Created Date:

Aug 3 2019 3:05PM