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The impact of airline differentiation on marginal cost pricing at UK airports

机译：航空公司差异化对英国机场边际成本定价的影响

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Airport pricing is a central issue in international transport policies, which tend to support pricing schemes based on marginal operating costs. This paper aims to provide empirical evidence in support of increased differentiation in airport charges on the basis of marginal passenger costs being sensitive to the type of airline, i.e. full-service, low-cost, and charter. To that end, both long- and short-run multi-output cost functions are estimated over an unbalanced pool database of 29 UK airports observed between 1995 and 2009. The passenger output is hedonically-adjusted in order to introduce the desired level of disaggregation while also keeping a parsimonious specification. Results show that low-cost passengers impose significantly lower costs to airport infrastructure than those from either full-service or charter airlines. A full schedule of marginal and average incremental cost estimates for the combined passenger categories is provided for all sample airports. Taking into account the existence of returns to scale and economies of capacity, this provides a useful guide for optimal pricing of aeronautical infrastructure under either single- or dual-till regulations.
机译：机场定价是国际运输政策中的中心问题，国际运输政策倾向于支持基于边际运营成本的定价方案。本文旨在提供经验证据，以支持边际旅客成本对航空公司类型（即全方位服务，低成本和包机）敏感的基础上的机场收费差异化。为此，对1995年至2009年间英国29个机场的不平衡集合数据库中的长期和短期多产出成本函数进行了估计。对客运量进行了重大调整，以引入所需的分解水平还保持简约的规格。结果表明，与提供全方位服务或包机的航空公司相比，低成本乘客对机场基础设施的成本大大降低。为所有样本机场提供了合并旅客类别的边际和平均增量成本估算的完整计划。考虑到规模收益和容量经济性的存在，这为根据单耕或双耕规定的航空基础设施的最优定价提供了有用的指导。

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