Airlines typically come under an oligopoly market structure. In an oligopoly, the market is dominated by a few large firms who have significant control over the market. The airline industry is characterized by a small number of major airlines that compete with each other, such as American Airlines, Delta Air Lines, United Airlines, and others. These airlines have a significant influence over pricing strategies, competition, and market dynamics. Additionally, barriers to entry such as high initial investment, regulatory requirements, and limited airport access contribute to the oligopolistic nature of the airline industry.
Airlines come under the market structure known as an oligopoly. An oligopoly is characterized by a small number of large firms dominating the market. In the airline industry, a few major airlines typically control a significant portion of the market share. These airlines have substantial influence over prices and services in the industry.
