Competitive Interaction Between Airports Airlines And High Speed Rail

This round table proceedings examines whether and how airports should be regulated to contain market power. It determines which approaches are likely to work best and also assesses strategies for managing greenhouse gas emissions including the alternative of high-speed rail.

This paper summarizes, structures, and provides some context for discussions of the Round Table mentioned in the title. The first part of the paper focuses on sources of market power for airports and on policy responses. When an airport is congested and competition with other airports is limited, regulation may be justified, and the dual till approach likely works best. In other cases, however, policy should establish conditions for competition to emerge as much as possible, instead of attempting to design a general regulatory framework. The second part of the paper discusses elements of climate change policy in aviation. Including aviation in emission trading schemes is a sensible idea, but should not be expected to produce major cuts in CO2 emissions from aviation; containing its growth possibly is a more realistic, yet ambitious and not necessarily socially optimal, objective. High-speed rail is justified in some situations, but is not a general alternative for air travel and certainly not a second-best way to reduce greenhouse gas emissions from aviation.

This book explores the role of railways in developing sustainable low-carbon mobility by analyzing the intermodal relationship between railways and other transport modes. Focusing on geographical and governance perspectives, and taking China as a case study, it analyzes the competition and cooperation between and integration of railways and other transport modes, in order to provide guidance on future sustainable transport development. Firstly, the book examines the contribution of railways to low carbon emissions in China over recent decades by estimating the carbon dioxide emissions from various transport modes in China at national and regional levels using decomposition analysis. It then discusses the current competition and cooperation between railways and other transport modes, as well as their integration and the impact of their relationship on climate change. It also highlights how the competition between railways and other transport modes may change the passenger flows between city pairs and so alter transport carbon emissions and examines how cooperation and integration could improve passengers’ travel experience while at the same time reducing carbon emissions. Lastly, it addresses the implications for future sustainable transport development based on institutional analysis. Presenting multidisciplinary, sustainable transport research on the role of railways in reducing carbon emissions, and also offering policy recommendations for developing low-carbon, integrated transport in the future, this book is a valuable reference resource for graduates, researchers, and government managers responsible for transport development, urban planning and environmental policy.

This report reviews recent experience with airport regulation on the basis of discussions at the International Transport Forum between leaders of airlines and airports together with regulators and economists.

The International Transport Forum 2009 on the “Challenges and Opportunities in the Downturn” took place at a very difficult time, with finances drying up, companies failing, supply chains weakened, and protectionism on the increase. There are real ...

This International Transport Forum Round Table identifies critical competition issues and appropriate regulatory responses. In particular it examines whether very large multinational transport and logistics firms escape regulatory oversight because of their sheer scale.

This book offers new insights into the theory and practice of economic airport regulation. In light of recent developments in aviation markets and policy, and the debate on airport regulation and benchmarking, it offers case studies on various aspects of economic regulation of city and regional airports. Written by experts in the field, the volume features contributions on the theory of regulation and benchmarking, as well as case studies on recent experiences in Europe and Latin America. This book is divided into three parts: Part I provides the theoretical background for the study of airport regulation and regulatory systems. Competition at airports is discussed, as are common forms of regulation and potential pitfalls. Part II addresses benchmarking, as benchmarking is often applied as an input to the regulatory process. Although benchmarking is necessary, reviews of how benchmarking is applied in the literature and in practice show that improvements can be made. Part III provides case studies on real-world examples. Addressing the question of whether and how European airport regulators set incentives for efficiency, and how benchmarking is used in the regulatory process, this book is an important contribution to the development of the transport industry in Europe and Latin America. It will appeal to scholars and students in transport economics, regional economics and related fields, as well as to practitioners and policy makers in the transport industry.

The break-up of BAA and the blocked takeover of Bratislava airport by the competing Vienna airport have brought the issue of airport competition to the top of the agenda for air transport policy in Europe. Airport Competition reviews the current state of the debate and asks whether airport competition is strong enough to effectively limit market power. It provides evidence on how travellers chose an airport, thereby altering its competitive position, and on how airports compete in different regions and markets. The book also discusses the main policy implications of mergers and subsidies.