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Air and sea transport: Competition strategies under normal and economic crisis environments

Author

Listed:
  • Konstantinos Rigas

    (Athens, Greece)

  • Evangelos Sambracos

    (University of Piraeus, Dept. of Economics, Piraeus, Greece)

  • Androniki Gatzoli

    (University of Piraeus, Dept. of Maritime Studies, Piraeus, Greece)

Abstract

Air and sea passenger transport were generally considered as serving different market segments with little competition between them. Recent research has however shown that the existence of a deregulated operating framework can lead to improved competition between the two modes. This article aims first to identify the circumstances under which air and sea transport compete. The second step is to further examine possible reactions to increase their competitive relationship. The Greek Aegean region presents an interesting case study due to its morphology and seasonal demand characteristics. The question on competitive strategies has become even more essential in an environment of economic crisis as that existing currently in the region.

Suggested Citation

  • Konstantinos Rigas & Evangelos Sambracos & Androniki Gatzoli, 2011. "Air and sea transport: Competition strategies under normal and economic crisis environments," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 61(3-4), pages 65-84, July - De.
    • Handle: RePEc:spd:journl:v:61:y:2011:i:3-4:p:65-84
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    References listed on IDEAS

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    Cited by:

    1. Evangelos Sambracos & Marina Maniat, 2014. "Financial Crisis & Passenger Shipping: Evidence from Greece," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 64(2), pages 40-49, April-Jun.
    2. Despoina Nimorakiotaki & Evangelos Sambracos, 2020. "Demand on Public Transportation during the Economic Crisis: The Greek Case," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 282-297.
    3. Konstantinos Rigas, 2012. "Connecting Island Regions – A Qualitative Approach to the European Experience," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 62(3-4), pages 30-53, July - De.

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    More about this item

    Keywords

    Air and Sea Transport; Passenger Transport; Insular Regions; Competition; Economic Crisis;
    All these keywords.

    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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