Analyzing the impact of antitrust immunity: price effects following the Aloha-Hawaiian antitrust immunity agreement
U.S. Dept. of Justice, Antitrust Division, 2005 - Airlines - 37 pages
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airfares Aloha Airlines Aloha and Hawaiian Aloha announces Antitrust Immunity Agreement ASMs average fare benchmark routes capacity reductions carriers cartels city-pairs coefficient competitive consistent consumers coordination costs Department of Justice Department of Transportation Docket Economic Analysis Group empty core market entry events of September face incentives Ficco fixed effects fourth quarter Group 2 routes Hawaii SuperFerry Hawaiian Airlines Hawaiian announce Honolulu Advertiser immunity period increase in prices increase prices inter-island air travel inter-island fares inter-island flight inter-island prices inter-island routes island itinerary Kahului Kona load factors Mesa Air Group O&D data one-way tickets operating Pacific Wings passenger traffic percent of one-way Percent One-way period of immunity post-immunity price increases proportion of one-way raise prices received antitrust immunity reduce capacity regression relative to Group Reply Comments Revenue Passenger Miles routes affected RPMs September 11th theories third quarter top four travel vouchers trips U.S. Department unclear variables Vegas