Liberalization of aviation industry

Abstract The liberalization of aviation industry started in late 70's which triggered the acquisition, merges and alliance in different airlines. Such strategic actions were to respond to fierce competition resulted from liberalization. The international aviation market is still subject to regulation, and airlines may only have the opportunity to extend their networks to foreign countries by entering an alliance agreement with a foreign airline. There are four major airline alliances in the world, namely Star …

…gt;EUROPEAN AIR LAW ASSOCIATION, 11th Annual Conference, Recent developments in European air transport law and policy, Lisbon, Friday 5 November 1999, Panel discussion "Current issues arising with airline alliances", Presentation by Mr Joos Stragier , Deputy Head of Unit DG Competition European Commission 7.<Tab/>Doganis, R., (2003), The Airline Business in the 21st Century, pp.89-94, Routledge 8.<Tab/>Tae Hoon Oum (2001), Global airline alliances: international regulatory issues, Air transport Management