Competition and Investment in Air Transport

Emerging legal and economic challenges in air transport are explored, focusing on the roles of governments and airlines in promoting innovation while combating protectionism. The book analyzes current trends and the industry's trajectory in the 21st century, emphasizing safety and environmental concerns amid competition. It delves into the impact of disruptive innovation and creative destruction, particularly in relation to the disputes between major US carriers and Gulf airlines over state aid and market dominance.