AIRLINE ECONOMICS IN ASIA

ADVANCES IN AIRLINE ECONOMICS

Series Editor: James Peoples

Recent Volumes:

Volume 1:Competition Policy and Anti-Trust, Darin Lee
Volume 2:The Economics of Airline Institutions, Operations and Marketing, Darin Lee
Volume 3:Pricing Behaviour and Non-Price Characteristics in the Airline Industry, James Peoples
Volume 4:The Economics of International Airline Transport, James Peoples
Volume 5:Airline Efficiency, John D. Bitzan, James Peoples, and Wesley W. Wilson
Volume 6:The Economics of Airport Operations, John D. Bitzan, and James Peoples

ADVANCES IN AIRLINE ECONOMICS VOLUME 7

AIRLINE ECONOMICS IN ASIA

EDITED BY

XIAOWEN FU

The University of Sydney Business School, Australia

JAMES PEOPLES

University of Wisconsin-Milwaukee, USA

United Kingdom – North America – Japan – India – Malaysia – China

Emerald Publishing Limited

Howard House, Wagon Lane, Bingley BD16 1WA, UK

First edition 2019

Copyright © 2019 Emerald Publishing Limited

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British Library Cataloguing in Publication Data

A catalog record for this book is available from the British Library

ISBN: 978-1-78754-566-3 (Print)

ISBN: 978-1-78754-565-6 (Online)

ISBN: 978-1-78754-721-6 (Epub)

ISSN: 2212-1609 (Series)

Muhammad Asraf AbdullahFaculty of Economics and Business, University of Malaysia Sarawak (UNIMAS), Malaysia
Clement Kong Wing ChowDepartment of Marketing and International Business, Lingnan University, Hong Kong
Achim I. CzernyFaculty of Business, Hong Kong Polytechnic University, Hong Kong
David Timothy DuvalFaculty of Business and Economics, University of Winnipeg, Canada
Terence Ping Ching FanLee Kong Chian School of Business, Singapore Management University, Singapore
Jui-Ting FengGMBA Program, National Chiao Tung University, Taiwan
Xiaowen FuInstitute of Transport and Logistics Studies, The University of Sydney Business School, Australia
Michael Ka Yiu FungDepartment of Decision Science and Managerial Economics, The Chinese University of Hong Kong, Hong Kong and Aviation Policy and Research Center, The Chinese University of Hong Kong, Hong Kong
Shinya HanaokaDepartment of Transdisciplinary Science and Engineering, Tokyo Institute of Technology, Japan
Isaac Levi HendersonSchool of Aviation, Massey University, New Zealand
Katsuya HiharaThe University of Tokyo, Japan and Tokyo Metropolitan University, Japan
Kan Wai Hong TsuiSchool of Aviation, Massey University, New Zealand
Jin-Li HuInstitute of Business and Management, National Chiao Tung University, Taiwan
Guowei HuaSchool of Economics and Management, Beijing Jiaotong University, China
Tay T.R. KooUniversity of New South Wales, Australia
Colin C.H. LawSchool of Commerce, University of Southern Queensland, Australia and Faculty of Business and Technology, Stamford International University, Thailand
Zheng LeiInstitute of Aviation Research, UK
Yang LiNewhuadu Business School, Minjiang University, P.R. China
Naoki MakimotoUniversity of Tsukuba, Japan
NurulHuda Mohd SatarDepartment of Economics, Faculty of Economics and Administration, University of Malaya, Malaysia
James PeoplesDepartment of Economics, University of Wisconsin-Milwaukee, USA
David TanSchool of Aviation, University of New South Wales, Australia
Hsin-Jing TungInstitute of Business and Management, National Chiao Tung University, Taiwan and Ministry of Transportation and Communications, Republic of China
Kun WangSauder School of Business, The University of British Columbia, Canada
Qiang WangSchool of International Trade and Economics, University of International Business and Economics, China
Hangjun YangSchool of International Trade and Economics, University of International Business and Economics, China
Wenyi XiaSauder School of Business, University of British Columbia, Canada
Anming ZhangSauder School of Business, University of British Columbia, Canada
Qiong ZhangSchool of Economics and Management, Anhui Normal University, China
Yahua ZhangSchool of Commerce, University of Southern Queensland, Australia

SERIES EDITOR

James Peoples

University of Wisconsin-Milwaukee, USA

ASSOCIATE EDITORS

  • John Bitzan

    North Dakota State University, USA

  • Kevin Cullinane

    University of Gothenburg, Sweden

  • Xiaowen Fu

    The University of Sydney, Australia

BOARD OF EDITORS

  • Volodymyr Bilotkach

    Newcastle University, UK

  • Jan K. Brueckner

    University of California, Irvine, USA

  • Martin Dresner

    University of Maryland, College Park, USA

  • David Gillen

    University of British Columbia, Canada

  • Timothy J. Hazledine

    University of Auckland, New Zealand

  • Marc Ivaldi

    Université Toulouse 1 Capitole, France

  • Theodore E. Keeler

    University of California, Berkeley, USA

  • B. Starr McMullen

    Oregon State University, USA

  • Steven Morrison

    Northeastern University, USA

  • Claudio Piga

    Keele University, UK

  • Nicholas G. Rupp

    East Carolina University, USA

  • Ian Savage

    Northwestern University, USA

  • Wayne Talley

    Old Dominion University, USA

  • Wesley W. Wilson

    University of Oregon, USA

James Peoples is Professor of Economics at the University of Wisconsin-Milwaukee. His research includes analysis of production efficiency for different modes of freight transportation, as well as analysis of labor market activity in transportation industries. He has served as President of the Transportation and Public Utilities Group. He is also the Series Editor of Advances in Airline Economics and Editorial Board Member of the journal Transport Policy.

Xiaowen Fu is Associate Professor in the Institute of Transport and Logistics Studies, the University of Sydney. His main research area is transport economics, which covers issues such as competition policy and government regulation, efficiency benchmarking, transport demand modeling, and industrial organization. He is on the editorial boards of three journals including Transportation ResearchPart B and Part E, and is an editor of the journal Transport Policy and Associate Editor of the book series Advances in Airlines Economics. Dr Fu is Vice President (Research) of the Air Transport Research Society (ATRS), Vice President (Research) of the Institute for Aviation (UK), Founding Chair of the Maritime Economy and Policy stream of the World Transport Convention.