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Rise and Fall

The Rise and Fall of the (Tourist) Charter Airline Industry

The purpose of this article is to examine the causes of the rise of a particular type of airline specializing in tourist air transport – the (tourist) charter airline. We argue that the same factors that enabled charter airlines to establish a hold on an important niche of the market for tourist air travel now herald its demise.
The emergence of European charter airlines can be traced back to the growth of organized tourism in the 1950s. Charter airlines experienced their heyday in the seventies and eighties, riding on the back of the fast growth of package holidays in Europe. The association between charter airlines and organised travel providers, particularly evident in the vertically integration that took hold of the industry in nineties, however, was more a consequence than a cause of the rise of tourist charter airlines.
Far more important to the development of charter airlines were the market imperfection that ...

Posted by: Sylvia Schiavoni

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