Exploring sustainability in European civil aviation: (failing) national champions - the evolution of flag carriers in Europe through challenges and Covid-19

التفاصيل البيبلوغرافية
العنوان: Exploring sustainability in European civil aviation: (failing) national champions - the evolution of flag carriers in Europe through challenges and Covid-19
المؤلفون: Ambrogi, Francesco
المساهمون: Hoernig, Steffen, Freitas, Gonçalo Lebre de, RUN
سنة النشر: 2023
مصطلحات موضوعية: Flag carriers, Tap Air Portugal, State-owned enterprises, Liberalisation, Competitive dynamics, Efficiency, Political interference, Softened budget constraint, State intervention, State aid, Covid-19, Domínio/Área Científica::Ciências Sociais::Economia e Gestão
الوصف: This study examines the evolution of Flag Carriers in the European Civil Aviation market. Employing various theoretical perspectives, it analyses the rationale for state ownership of airlines, weighing political interests and socio-economic efficiency. Additionally, it assesses state aid measures granted to flagship airlines amid the COVID-19 Pandemic and their potential effects on the sector’s competitiveness. Finally, a case study of TAP Air Portugal illustrates the complexities associated with state intervention and privatization attempts in the management of state-owned carriers. A comparison of route frequencies before and after the 2015 partial privatization highlights that services of public interest can effectively be operated under private leadership. Overall, the article advocates prioritizing economic efficiency over political motives. Keywords.
Contents Note: TID:203684699
وصف الملف: application/pdf
اللغة: English
الاتاحة: http://hdl.handle.net/10362/175887
Rights: embargoed access
رقم الانضمام: rcaap.com.unl.run.unl.pt.10362.175887
قاعدة البيانات: RCAAP