Exploring Airline Joint Venture negative and positive effects of airline joint venture between small and big airline companies

This study aims to analyze the positive and negative effects of Airline Joint Ventures (AJVs) established between large and small airline companies. While airline joint ventures offer strategic benefits such as improving operational efficiency, enabling access to new markets, and sharing costs, they can also create significant disadvantages, especially for smaller airlines, including dependency risks, loss of brand identity, and reduction of strategic autonomy. The study examines in detail the economies of scale and competitive advantages gained by large airlines through joint ventures, as well as the power asymmetries faced by smaller partners. The research is based on an extensive review of the existing literature, industry reports, and case studies, excluding legal and regulatory processes from its scope. Additionally, the study primarily focuses on examples from North America, Europe, and Asia, with limited coverage of emerging markets. The findings reveal that while strategic partnerships in the airline industry can create substantial opportunities when properly structured, imbalanced partnerships can lead to serious structural problems, particularly for smaller airline companies.