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Open Skies: Allocation of Landing Slots at Hong Kong Airport
內容大綱
Studies the allocation of airport slots. As airline traffic increases, slots become scarce. Well-established airlines have historically determined rights to these slots, which limits the possibilities for new entrants to the market. In addition, sometimes, the airlines do not make efficient use of their slots. It is often argued that this allocation system has to be revised to ensure economic efficiency. Several countries are considering this issue, which is often met with strong opposition from well-established airlines. Congestion in Hong Kong airport is increasing and the question whether Hong Kong should liberalize its allocation system is under debate.