Liberalization of regulatory policy on international air
transportation through the use of bilateral and multilateral open
skies agreements contributes to a business environment that
presents air carriers with the opportunity to take advantage of
greater access to aviation markets world-wide. Chapters in this
volume of Advances in Airline Economics provide in-depth analysis
of open skies agreements. In addition, contributions present
empirical analysis of the effect of greater availability of
international air transportation services on air fares, export
flows, operating efficiency, and passenger demand for international
flights. The influence of international airports on local
metropolitan areas' economic development is also examined.
Regulation of international air transportation, however, is not
limited to the erosion of entry barriers. Companies providing
international air transportation services also face restrictions on
pollution emissions. This volume provides a more complete analysis
of the economics of international air transportation by presenting
research on the costs borne by air transportation companies due to
pollution regulation in Europe, Australia and New Zealand.
General
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