This paper presents a comprehensive analysis of air services dynamics during the recent economic crisis. Through a regression analysis, we show that at the country scale, the change in the supply of seats is highly dependent on economic growth, confirming the cyclical nature of the air sector. Hence the crisis of air services has much more affected the USA, Europe and Japan than the rest of the world. However, many countries deviate from this general trend. In a second step, using the existin...Expand abstract
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- Elsevier Ltd.
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- © 2011 Elsevier Ltd. All rights reserved. The full-text of this article is not currently available in ORA, but you may be able to access the article via the publication link on this record page.
The impact of the current economic crisis on the geography of air traffic volumes : an empirical analysis
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