Airport Capacity Extension, Fleet Investment, and Optimal Aircraft Scheduling in a Four-Level Market Model: On the Effects of Market Regulations


In this paper we present a four-level market model that accounts for airport capacity extension, fleet investment, aircraft scheduling, and ticket trade. In particular, budget-constrained airports decide on the first level on their optimal runway capacity extension and on a corresponding airport charge. Airports anticipate optimal long-term fleet investment… (More)


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