Achim I. Czerny
Portrait of Achim I. Czerny

Achim I. Czerny

Professor of Transport Economics — Aviation & Maritime Economics

The Hong Kong Polytechnic University, Department of Logistics and Maritime Studies. Explaining the economics of how people and goods move — airports, airlines, ports, and the policies that shape them.

About

Transport economics, from theory to policy

I study how transport markets work — and how regulation and pricing can make them work better. My research covers airport congestion and slot policy, airline competition and climate policy, air cargo, and port and maritime economics. I hold a doctorate in economics (summa cum laude) from TU Berlin and have held positions at VU Amsterdam and WHU – Otto Beisheim School of Management before joining PolyU in 2015. Alongside research and teaching, I advise regulators and ministries and write and speak for broader audiences on the economics of aviation and maritime transport.

Research

Four themes

Airport economics & slot policy

Congestion pricing, use-it-or-lose-it rules, price-cap regulation, and why airports are really two-sided businesses — from landing slots to €21 burgers.

Aviation & climate policy

Emission charges, the EU ETS, short-haul flight bans, and ticket taxes — which instruments actually cut emissions, and which merely shift them.

Air cargo & supply chains

Belly cargo versus freighters, the resilience of freight hubs like Hong Kong, and what blocked straits and conflicts reveal about global supply chains.

Ports & maritime trade

Hub-port competition, strategic privatization, liner shipping, and the infrastructure economics behind initiatives such as the Belt and Road.

Selected Publications

A reading list, not a CV

  1. Zhang, A. & Czerny, A. I. (2012). Airports and airlines economics: An interpretive review of recent research. Economics of Transportation 1, 15–34.
  2. Czerny, A. I. (2006). Price-cap regulation of airports: Single-till versus dual-till. Journal of Regulatory Economics 30, 85–97.
  3. Czerny, A. I. (2010). Airport congestion management under uncertainty. Transportation Research Part B 44, 371–380.
  4. Czerny, A. I. (2013). Public versus private airport behavior when concession revenues exist. Economics of Transportation 2, 38–46.
  5. Czerny, A. I., van den Berg, V. A. C. & Verhoef, E. T. (2016). Carrier collaboration with endogenous fleets and load factors when networks are complementary. Transportation Research Part B 94, 285–297.
  6. Zhang, H., Czerny, A. I., van Ommeren, J. & Niemeier, H.-M. (2025). Intertemporal price dispersion: The role of competition. Economics of Transportation 43, 100424.
  7. Czerny, A. I. & Lang, H. (2023). Modeling airport networks for theoretical policy analyses. Journal of the Air Transport Research Society 1, 54–62.
  8. Czerny, A. I. (2026). Greening aviation and maritime transport: Policy lessons from Europe. Journal of Shipping and Trade 11:10.
  9. Czerny, A. I., Höffler, F. & Mun, S. (2014). Hub port competition and welfare effects of strategic privatization. Economics of Transportation 3, 211–220.
  10. Czerny, A. I., Forsyth, P., Gillen, D. & Niemeier, H.-M. (2008). Airport Slots: International Experiences and Options for Reform. Ashgate.
Full publication list and working papers on my PolyU page →
Service

Roles in the profession

International Transportation Economics Association (ITEA) — Vice President (to become President in 2028)
German Aviation Research Society (GARS) — Chairman
Air Transport Research Society (ATRS) — Executive Committee member
European Aviation Conference Institute (EACI) — Board member and Program Coordinator
Editorial boards — Research in Transportation Economics; Journal of the Air Transport Research Society; Journal of Shipping and Trade; Transport Policy; Italian Economic Journal
Media — Recurring commentator for RTHK radio and news (2025–26: the HKIA runway accident, fuel surcharges amid the Middle East conflict, aviation sustainability) and airliners.de; earlier op-eds and commentary for the South China Morning Post, and quoted by Reuters on Cathay Pacific's strategy. Host of Aviation & Maritime Economics on YouTube and the EACI/GARS webinar series
Contact

Media, speaking, and collaboration

For interviews, commentary, speaking invitations, and research collaboration: achim.czerny@polyu.edu.hk

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