Location-Price Competition in Airline Networks

Table 2

Summary statistics (Chinese market).

Factor	Mean	Standard deviation	Median	Min	Max
Price (rmb.)	1366	537	1300	540	2910
Flight time (h.)	2.23	1	2.08	0.75	5.72
Frequency (flights per week)	6.4	1.44	7	1	7
Distance (km)	1298	657	1233	351	3388
Income (rmb./year)	29501	6903	28731	18400	40742
Population (ths.)	10968.7	7347.4	9325.05	2141.3	29190