id author title date pages extension mime words sentences flesch summary cache txt cord-280648-1dpsggwx Gillen, David Regulation, competition and network evolution in aviation 2005-05-31 .txt text/plain 9338 442 56 The organization of production spatially in air transportation networks confers both demand and supply side network economies and the choice of network structure by a carrier necessarily reflects aspects of its business model and will exhibit different revenue and cost drivers. Like the FSA model, the VBA business plan creates a network structure that can promote connectivity but in contrast trades off lower levels of service, measured both in capacity and frequency, against lower fares. The entrenched FSA carriers' focuses on developing hub and spoke networks while new entrants seem intent on creating low-cost, point-to-point structures. The resulting market structure of competition between FSAs was thus a cozy oligopoly in which airlines competed on prices for some economy fares, but practiced complex price discrimination that allowed high yields on business travel. ./cache/cord-280648-1dpsggwx.txt ./txt/cord-280648-1dpsggwx.txt