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- W2906328677 abstract "This paper examines intermodal competition between air travel and (high speed) rail.Three methods are used: literature review, ex-post empirical evidence and a survey.Literature research shows that air travel and rail travel are substitutes on distancesgreater than 200 kilometres. How long it takes to cover a certain distance by train ishighly dependent on geography and the available infrastructure. Most people whotravel by train do so because it is fastest, price seems to be less important to them.High-speed trains therefore compete mostly with full-service airlines; Low-costcarriers serve a different segment of the market.The empirical model developed in this paper shows that, as travel time by train getslower, market share increases by around 0,3% per minute of travel time by train. Whentravel time by train is around 4 hours, both modes of transport capture roughly half ofthe market. It seems that this is longer than it was before.The case study conducted focussed on the recently introduced Eurostar servicebetween Rotterdam and London and its competition with British Airways’ flightbetween Rotterdam and the London City airport. A survey was conducted among 24customers of the flight to London. The results show that the majority of them arebusiness travellers and that time is the most important factor in choosing the planefor those business travellers. Leisure travellers on the other hand indicate that priceis the most important factor for them. Research also shows that al lot of passengersof the Rotterdam-London flight would consider taking the plane in the future." @default.
- W2906328677 created "2019-01-01" @default.
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- W2906328677 date "2018-12-13" @default.
- W2906328677 modified "2023-09-27" @default.
- W2906328677 title "Intermodal competition between air and rail" @default.
- W2906328677 hasPublicationYear "2018" @default.
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