AIRLINE COMPETITION AT EUROPEAN AIRPORTS
Hub-and-spoke networks of airlines create entry barriers at large hub airports. As a result, deregulation does not necessary lead to more competition. In this paper, airline competition at European airports in the 1990s is analysed. Results show important differences between airports, which are related to size and geography. At most airports, competition increased with the successful entrance of new competitors. Yet, competition decreased at hub airports and at airports in the northern periphery in Europe.