1998

2005

2012

Mean

Std. Dev.

Mean

Std. Dev.

Mean

Std. Dev.

Markup

All products

149.289

65.839

168.326

32.141

212.265

36.953

Legacy carriers products

166.038

68.619

173.860

36.301

225.704

41.293

LCCs products

106.201

57.072

155.297

31.115

192.142

35.730

Marginal cost

All products

69.586

17.794

21.443

6.352

27.355

13.281

Legacy carriers products

71.591

21.364

21.816

7.435

30.986

19.059

LCCs products

63.066

11.952

19.263

4.752

20.366

4.422

Number of markets

274

411

398