Kristian Stout Mentioned in Eno Transportation on Airline Competition Following Spirit Airlines Shutdown

Eno Transportation View Original Source

Eno Transportation mentioned Kristian Stout, ICLE Director of Innovation Policy, in a piece on a House hearing examining airline competition and regulation following the shutdown of Spirit Airlines. Stout raised the concept of the “Spirit effect,” describing the downward price pressure that a new, lower-cost market entrant applies on legacy carriers.

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Members and witnesses agreed that competition had proven essential to providing passengers with lower prices and more route options. Kristian Stout raised the concept of the ‘Spirit effect,’ which identifies the downward price pressure that a new, lower cost market entry (e.g., Spirit) applies on legacy carriers. […]