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Pre-Evaluating Efficiency Analysis of Mergers and Acquisitions of Full-Service Carriers in Korea

Emerging Science Innovation, 2023
In November 2020, Korean Air signs an agreement to acquire and merges with 63.88% of Asiana Airlines’ shares, which is conditionally approved by the Korea Fair Trade Commission to address exclusivity concerns. The conditions require both airlines to return certain take-off or landing positions and revise their licenses for 26 international and 8 ...
null Hyoseok Chang, null Dohyun Kim
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The airfare pricing and seat allocation problem in full-service carriers and subsidiary low-cost carriers

Journal of Air Transport Management, 2019
Abstract This study investigates the competitive market situation in the air transport industry considering full-service carriers (FSC), subsidiary low-cost carriers (LCC) and rival LCCs on the flight-leg level while subsidiary LCCs are established by FSCs against rival LCCs to keep the market share and to make more profit.
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Exploring CSR and financial performance of full-service and low-cost air carriers

Finance Research Letters, 2017
We analyze the influence of corporate social responsibility (CSR) toward the financial performance of low-cost (LCC) and full-service air carriers (FSC). The fixed-effect model of panel data analysis is applied for the study period from 2006 to 2015. FSCs improve financial performance via environmental and social CSR activities; compared to LCCs via ...
Ann Shawing Yang, Suvd Baasandorj
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How do the demands for airport services differ between full-service carriers and low-cost carriers?

Journal of Air Transport Management, 2004
Abstract There has been a considerable increase in the share of air traffic within Europe that is carried by low-cost carriers. This paper explores the nature of the demand function for the services of such carriers and contrats it to that of the more traditional European airlines.
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The blurring lines between full-service network carriers and low-cost carriers: A financial perspective on business model convergence

Transport Policy, 2019
Abstract Airlines rely on different business strategies in order to meet today's intensive competition and erratic market conditions. In the US, the low-cost carriers (LCC), posed a strong challenge to full-service network carriers (Legacy airlines) since their inception after the deregulation act of 1978.
Farshid Azadian, Bijan Vasigh
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Segmentation of passengers using full-service and low-cost carriers – Evidence from Taiwan

Journal of Air Transport Management, 2017
Abstract Low-cost carriers in Taiwan have rapidly drawn a large number of passengers away from full-service carriers in recent years. However, many passengers still stick with traditional airlines as their primary air carriers. These two groups of passengers should differ in terms of their personal and trip characteristics, valuations of factors in ...
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Factors influencing the intentions of passengers regarding full service and low cost carriers: A note

Journal of Air Transport Management, 2010
This study investigates discrepancy in factors affecting passengers' intensions regarding using full service and low cost carriers. A conceptual model, that originally focused on the former, is adopted and slightly revised according to the service properties of low cost carriers.
Yu-Chiun Chiou, Yen-Heng Chen
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Factors affecting airline decision to join alliance: evidence of global full-service carriers (FSCs)

2023
This paper illustrates the determinants of airlines’ decision to join global alliances. The author adopted various models and compared a variety of literature reviews to find out supporting ideas of the advantages of forming cooperative alliances. The result shows that airlines with several passengers’ volumes and full-service airlines lead to the ...
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Literature review of the passenger airline business models: Full service carrier, low-cost carrier and charter airlines

2008
The deregulation and liberalization of the air transportation industry have developed three main passenger business models: full service carriers, low-cost carriers, and charter airlines. Deregulation removed regulated fares and routes increasing competition and yields. Airlines business models main objectives are to minimize operation costs and fares,
Carmona Benitez, R.B. (author)   +1 more
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