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The Short-Term and Long-Term Effects of Passenger Hub Airport Abandonment by Legacy US Carriers.
Record Type:
Language materials, manuscript : Monograph/item
Title/Author:
The Short-Term and Long-Term Effects of Passenger Hub Airport Abandonment by Legacy US Carriers./
Author:
McCormick, Michael J.
Description:
1 online resource (160 pages)
Notes:
Source: Dissertations Abstracts International, Volume: 84-11, Section: B.
Contained By:
Dissertations Abstracts International84-11B.
Subject:
Transportation. -
Online resource:
click for full text (PQDT)
ISBN:
9798379536732
The Short-Term and Long-Term Effects of Passenger Hub Airport Abandonment by Legacy US Carriers.
McCormick, Michael J.
The Short-Term and Long-Term Effects of Passenger Hub Airport Abandonment by Legacy US Carriers.
- 1 online resource (160 pages)
Source: Dissertations Abstracts International, Volume: 84-11, Section: B.
Thesis (Ph.D.)--George Mason University, 2023.
Includes bibliographical references
Since the United States' 1978 Airline Deregulation Act, the legacy commercial air transport industry followed two significant and interdependent trends: a shift to hub-andspoke network operations and air carrier consolidation. However, as airlines merge operations through consolidation, they rationalize routes, aircraft fleet and facilities to maximize efficiency and reduce costs. This includes abandoning redundant hub airports.Research on airlines and airports demonstrate the overall positive impact of aviation deregulation including reduced airfares and greater accessibility. As a result, United States national policy makers review airline consolidation proposals through the lens of competition and market concentration. Available literature regarding the impact of hub abandonment through consolidation is very limited. This dissertation addresses that gap in the literature Using network, time-series and panel data from United States regions, airports and airlines, this dissertation develops a network analysis model, econometric models, and an input-output model to estimate the impact of hub abandonment. Concerns such as endogeneity and serial autocorrelation bias are addressed.The network analysis shows that the overall impact of consolidation upon the United States (US) air transportation system is increased international connectivity, decreased domestic connectivity and increased connectivity at key gateway airports. Over time, the frequency of flights decreased with the primary impact to flights of shorter duration. Although the overall num`ber of serviced airports decreased marginally, flights to international destinations increased while flights to small airports declined. Additionally, network analysis showed that the centrality of flights at some hub airports in airlines' hub-and-spoke systems increased dramatically (Atlanta, Salt Lake City, Seattle, Miami and Los Angeles). However, the centrality of most hub airports decreased slightly.Four airports utilized as hubs in an airline's hub-and-spoke network system were abandoned after consolidation (St. Louis, Pittsburgh, Memphis and Cincinnati). The econometric analysis found no significant relationship between airport connectivity and a region's economy. Difference-in-differences models found a significant relationship between loss of airline hub status and several service-industry sectors. The input-output analysis confirmed that the major decrease in aviation employment had a regional economic impact. However, that impact was short-lived as regional economies adapted.
Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2024
Mode of access: World Wide Web
ISBN: 9798379536732Subjects--Topical Terms:
558117
Transportation.
Subjects--Index Terms:
Air transport systemIndex Terms--Genre/Form:
554714
Electronic books.
The Short-Term and Long-Term Effects of Passenger Hub Airport Abandonment by Legacy US Carriers.
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Source: Dissertations Abstracts International, Volume: 84-11, Section: B.
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Advisor: Gifford, Jonathan.
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Thesis (Ph.D.)--George Mason University, 2023.
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Includes bibliographical references
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Since the United States' 1978 Airline Deregulation Act, the legacy commercial air transport industry followed two significant and interdependent trends: a shift to hub-andspoke network operations and air carrier consolidation. However, as airlines merge operations through consolidation, they rationalize routes, aircraft fleet and facilities to maximize efficiency and reduce costs. This includes abandoning redundant hub airports.Research on airlines and airports demonstrate the overall positive impact of aviation deregulation including reduced airfares and greater accessibility. As a result, United States national policy makers review airline consolidation proposals through the lens of competition and market concentration. Available literature regarding the impact of hub abandonment through consolidation is very limited. This dissertation addresses that gap in the literature Using network, time-series and panel data from United States regions, airports and airlines, this dissertation develops a network analysis model, econometric models, and an input-output model to estimate the impact of hub abandonment. Concerns such as endogeneity and serial autocorrelation bias are addressed.The network analysis shows that the overall impact of consolidation upon the United States (US) air transportation system is increased international connectivity, decreased domestic connectivity and increased connectivity at key gateway airports. Over time, the frequency of flights decreased with the primary impact to flights of shorter duration. Although the overall num`ber of serviced airports decreased marginally, flights to international destinations increased while flights to small airports declined. Additionally, network analysis showed that the centrality of flights at some hub airports in airlines' hub-and-spoke systems increased dramatically (Atlanta, Salt Lake City, Seattle, Miami and Los Angeles). However, the centrality of most hub airports decreased slightly.Four airports utilized as hubs in an airline's hub-and-spoke network system were abandoned after consolidation (St. Louis, Pittsburgh, Memphis and Cincinnati). The econometric analysis found no significant relationship between airport connectivity and a region's economy. Difference-in-differences models found a significant relationship between loss of airline hub status and several service-industry sectors. The input-output analysis confirmed that the major decrease in aviation employment had a regional economic impact. However, that impact was short-lived as regional economies adapted.
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click for full text (PQDT)
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