Werner Delfmann is Professor of Business Administration and Director of the Department of Business Policy and Logistics at University of Cologne, Germany. Herbert Baum is Professor of Economics and Director of the Institute of Transport Economics at the University of Cologne, Germany. Stefan Auerbach is Managing Director of Lufthansa Consulting GmbH, Germany. Sascha Albers just finished his doctorate degree at the Department of Business Planning and Logistics, University of Cologne, Germany, and is currently visiting lecturer at the Department of Strategic Management at the University of Waikato Management School, New Zealand.

Contents: Passenger Airlines: Competition policy in European aviation markets, Carsten Bermig; Business models in the airline sector - evolution and perspectives, Thomas Bieger and Sandro Agosti; Consolidating the network carrier business model in the European airline industry, Stefan Auerbach and Werner Delfmann; From production-orientation to customer-orientation - modules of a successful airline differentiation strategy, Kim Flenskov; Strategic airline positioning in the German Low Cost Carrier (LCC) market, Thorsten Klaas and Joachim Klein; Low cost carriers in Southeast Asia: a preliminary analysis, Mark Goh; The future of Continental traffic programme: how Lufthansa is countering competition from no-frills airlines, Christoph Klingenberg; Competitive dynamics theory - application to and implications for the European aviation market, Caroline Heuermann. Alliances: Cooperation and integration as strategic options in the airline industry - a theoretical assessment, Thomas Fritz; Interface management in strategic alliances, Matthias Graumann and Marcus Niedermeyer; Synergy allocation in strategic airline alliances, Björn Götsch and Sascha Albers; The effect of high-level alliance formation on the profitability of participating airline carriers, Jens Rÿhle; Marriages and divorces: strategic alliances in the networked economy - the case of Air New Zealand, Kathryn Pavlovich. Airports:Forces driving industry change - impacts for airports' strategic scope, Robert J. Aaronson; The airport of the future against the backdrop of dramatic changes in the aviation sector, Michael Garvens; Internationalization strategies for airport companies, Benjamin Koch and Sven Budde; Evaluating airport cooperation and acquisition strategies, Andrea Pal and Wolfgang Weil; The role of intermodal transportation in airport management, Hans G. Fakiner. Air Cargo: Reflecting the prospects of an air cargo carrier, Andreas Otto; Drivers of alliance formation in the air cargo busi