The Role of e-Commerce in the Success of Low-cost Carriers
The Role of e-Commerce in the Success of Low-cost Carriers
Author(s): Marco Ginanneschi, Pietro PiuSubject(s): Economy, Business Economy / Management, Financial Markets, Accounting - Business Administration, ICT Information and Communications Technologies
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Summary/Abstract: This research aims to answer the question if e-commerce favoured in a special way the growth of low-cost carriers within the civil aviation market. After defining low-cost and traditional carriers’ business models, data on transported passengers were collected for three countries (Italy, Germany and Spain) and confronted with the number of e-consumers. Despite a significant correlation in all the three markets, only in Italy our hypothesis has been supported by Granger causality, and the regression analysis allows to forecast a future characterized by a growing dominance of LCCs. Although the definition of an econometric model will require further studies, the distinctive features of the Italian market might represent a starting point for future research on the complex relationship between e-commerce and air transport.
Journal: Scientific Annals of Economics and Business
- Issue Year: 65/2018
- Issue No: 4
- Page Range: 407-425
- Page Count: 19
- Language: English