In the News
BA launches Level to take on Norwegian Airlines
27th March 2017
This is an interesting article looking at whether the low-cost model can be applied to long-haul travel. Norwegian Airlines have had success in flying to the US, such that IAG who own British Airways have launched their own new low-cost, long haul operator, Level, who will be flying to LA and Buenos Aires.
Norwegian is now the third biggest airline at Gatwick Airport, with twice-daily departures to New York and a daily flight to Los Angeles, and attributes its success to the Boeing 787, which because of its composite materials is much cheaper to run, and offers the opportunity for greater exploitation of internal economies of scale.
You might also like
What is Market Concentration?
Study Notes
Transport Economics - CrossRail
Teaching PowerPoints
Government Failure: Growth Voucher Scheme Branded a Failure
18th August 2015
Pfizer and Allergan's $150bn merger
23rd November 2015
Revision Presentation on Contestable Markets
Teaching PowerPoints
Do Uber drivers earn less than minimum wage?
9th June 2016
Social Norms - A Crazy Junction!
14th January 2017
Measuring Market Power - The Lerner Index
Study Notes