Region Focus

Spring 2009

Clear Skies? The fight for dominance in the airline industry

The recession and oil price shocks have made for a turbulent few years for the airline industry. Today, strong competition and shifts in market realities are changing how airlines operate and will have real implications for future air travel.

Related Links

"Air Transport Association 2008 Economic Report." Washington. D.C.: Air Transport Association, 2008.

Borenstein, Severin, and Nancy Rose. "How Airline Markets Work... Or Do They? Regulatory Reform in the Airline Industry." In Rose, Nancy L. (ed.), Economic Regulation and Its Reform: What Have We Learned? Chicago: University of Chicago Press, forthcoming.

"The Impact of Recession on Air Traffic Volumes." Montreal, Quebec. International Air Transport Association, December 2008.

Contact Us

Aaron Steelman
Publications Director

Order Publications

Order single copies of or subscribe to Econ Focus (formerly Region Focus) and other publications from the Federal Reserve System.