Impact of competition on airfares in Australia
Event description
The Centre for Business Intelligence and Data Analytics (BIDA) invites you to join Omer Majeed as he explores the impact of aviation competition in this seminar. This groundbreaking research, the first of its kind in Australia, investigates how competition affects airfares, drawing from detailed microdata. Learn about the concentration of Australia's aviation sector and the emergence of non-dominant players, and how increased airline options, particularly from legacy carriers, can substantially lower airfares.
Gain insights into the impact of competition, even its anticipation, on pricing in Australia. Explore novel findings from the Covid-19 period, highlighting competition's heightened influence in less competitive environments.