I am using airline data to construct a network of competition in the airline industry. As part of this, I am listing the routes that are the most competitive – not necessarily the ones that have the most flights, but the ones that have the most competitors. And here they are HKG-ICN Hong Kong – …
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If you have ever driven around Heathrow Airport in London, you may have noticed that the road names have an interesting pattern. Roads in the central area – such as Croydon Road, Cambourne Crescent all begin with ‘C’; roads near Terminal 5 – such as Walrus Road, Wayfarer Road all begin with ‘W’; roads near …
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Aircraft aren’t cheap. Neither are airline tickets. But how much of that airline ticket is made up of the cost of the aeroplane? If we assume a relatively efficient modern airliner, say a 777, a 30-year lifetime, 3500 hours per year, and an average speed of 500mph, that produces a total distance of 52,500,000 miles. Which is …
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