The effect of low-cost air transportation on the local economy evidence from Southern Italy

This paper investigates how the entry of low-cost carriers in southern Italy has Supported local and regional economic development in different ways spreading the traffic demand during the year, increasing the rate of international tourism, generating new jobs and Improving the Income of the area The evidence of traffic de-seasonality is quantified by in index, resulting in a decrease to all those airports specialized in low-cost services Additionally. an assessment shows that the net impact driven by a low-cost route on the local economy is about (sic) 14.6 million per year. (C) 2009 Elsevier Ltd. All rights reserved