Aviation Markets

David Starkie is a senior associate of Case Associates, London. During the last 20 years he has been a director of several economic consultancies and undertaken work for both private and public sector clients including: the CAA, IATA, European Commission, BAA plc, British Airways, Virgin Atlantic, Qantas, Air New Zealand. He has worked extensively on the regulation of airports in the UK, Australia, New Zealand and South Africa, and since early 2001 has been economic adviser to the Commission for Aviation Regulation, the regulator for Irish airports. More recently, he was on the CAA's panel of advisers for its review of the NATS price cap. Apart from a two-year contract with the Western Australian government, when he served as deputy to the Director-General of Transport, he followed a mainly academic career until 1985 and was, latterly, Professorial Fellow in the Department of Economics at the University of Adelaide and Research Associate at the Institute for Fiscal Studies, London. During his career he has also served on a number of government committees and has advised select committees of the House of Commons on more than a dozen inquiries covering wide-ranging subjects, including: airline CRSs, US/UK aviation bi-laterals, and both UK and EU aviation policies. A graduate and post-graduate of the London School of Economics, he is a member of the Royal Economic Society and the author of many papers and books. He has been co-editor of the Journal of Transport Economics and Policy since 1997.

Contents: Preface; Part I Airline Competition: Overview; Contestability and sustainability in regional airline markets; European airline de-regulation: a prediction; Predatory conduct in the airline industry: a proposal to the US DoT. Part II Airport Privatisation, Industry Structure and Regulation: Overview; Privatisation and structure; Reforming airport regulation; Regulatory developments. Part III Economic Regulation: Some Issues: Overview; Airport cross-subsidy; Pre-empting market decisions; Testing the regulatory model; Airport investment: the regulatory dilemma; Incentives and airport investment; A critique of the single-till. Part IV Airport Competition: Overview; Competition and market power; The financial performance of the smaller UK airports. Part V Infrastructure Access: Overview; Slot trading at United States airports; The economics of secondary markets in airport slots; A defence of slot concentration at network hubs; References; Index.