The Hawaiian Airline Industry, 2001–2008
Keyword(s):
One Year
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Two Hawaiian airlines' cooperative environment is disrupted by the entry of a third competitor, Mesa Airways. The price war leads to fares as low as $0 and causes more than $100 million in losses in the first year with no end in sight. Industry risk factors for price competition were reduced in 2001 when the government granted a one-year reprieve from anti-trust laws, but increased dramatically after Mesa's announced entry.To demonstrate how industry risk factors drive price competition. The initial circumstances are supportive of a tacit collusion between two firms; following the entry of the third airline, conditions were more conducive to a devastating price war.
2017 ◽
Vol 20
(5)
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pp. 47
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Keyword(s):
2017 ◽
Vol 11
(3)
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pp. 80-85
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1998 ◽
Vol 49
(4)
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pp. 673
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Keyword(s):
2015 ◽
Vol 41
(4)
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pp. 299-304
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