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The Economics Of Airlines

Author : Volodymyr Bilotkach
ISBN : 1911116134
Genre : Business & Economics
File Size : 63.6 MB
Format : PDF, Docs
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Revenues of the global airline industry have doubled over the past ten years and it is forecast that by 2026 the aviation industry will contribute $1 trillion to world GDP. Yet, ironically for an industry of such sheer scale and economic muscle, profit margins are razor thin and most airlines struggle to break even. This book explores the economic realities of the airline industry, how airlines compete, how they develop their business, and how demand and cost structure, coupled with the complex regulatory regime, produces the airline industry we see today. Part 1 of the book introduces the reader to the aviation sector of the economy in general and the airline industry in particular, showing how the theory of consumer choice and the theory of the firm apply to airline markets. The discussion ranges over the determinants, elasticity and uncertainty of demand, the airline cost structure (a third of an airline's operating costs is spent on fuel) and how the industry's yield management system determines pricing. Part 2 examines market concentration, the intensity of competition between airlines, and their competitive strategies in the world's two largest deregulated markets, the US and the EU. The emergence of low-cost carriers, the future of the three global alliances, and the consolidation of network carriers through merger and acquisition all come under examination. Part 3 evaluates the external effects of aviation, both negative (air and noise pollution, congestion and delays) and positive (economies of agglomeration and productivity improvement in various sectors of the economy). The final part of the book explores the economics of markets most directly related to the commercial passenger airline industry, including airports, air traffic control, and aircraft manufacturing and jet engines. The book provides an unrivaled analysis of how the airline industry makes and loses money and reveals the economic strategies behind those often baffling pricing decisions we encounter each time we book a flight. The book draws on the latest academic research and uses airline-specific case-studies as well as aggregated data sets to give an up-to-date economic analysis of one of the world's most important business sectors
Category: Business & Economics

Flying Off Course

Author : Rigas Doganis
ISBN : 9781134613793
Genre : Business & Economics
File Size : 51.50 MB
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In the years since the first edition of Flying Off Course appeared, the international airline industry has changed dramatically. Deregulation has become widespread and has brought with it new operating practices and management concepts. This revised and updated edition reflects these changes. Key aspects of the industry are expertly analyzed including issues such as: * the factors affecting airline costs * the problems of pricing * airline marketing and product planning * the impact of United States deregulation * European air transport after 1992 * the crisis in airfreight; and the economics of charters. Flying Off Course provides a fascinating and topical insight into the working of international transport as seen from an economist's viewpoint and will be a key text for those involved in the field.
Category: Business & Economics

An Introduction To Airline Economics

Author : William E. O'Connor
ISBN : 0275969118
Genre : Business & Economics
File Size : 41.34 MB
Format : PDF
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Thoroughly revised to cover recent changes in the industry, this classic book continues to be the standard introduction to the economics of U.S. airlines.
Category: Business & Economics

The Economics Of International Airline Transport

Author :
ISBN : 9781783506408
Genre : Transportation
File Size : 62.52 MB
Format : PDF, ePub
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The Economics of International Airline Transport provides a complete analysis of the economics of international air transportation by presenting research on the costs borne by air transportation companies due to pollution regulation in Europe, Australia and New Zealand.
Category: Transportation

The Economics Of Airport Operations

Author : James Peoples
ISBN : 9781787144989
Genre : Airlines
File Size : 78.34 MB
Format : PDF, ePub, Docs
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Airports serve an essential role in domestic and international travel, facilitating the origination, termination, and connections of air flights. Airport services enhance regional, national, and global connections, increasing the mobility of people worldwide and enhancing local and regional economies. Although there is a large amount of literature that examines airline costs and productivity, consumer welfare from air travel, and the influence of economic regulation of airline services, there is much less literature that examines airports. This is important, as airport operations play a critical role in influencing airline travel. This volume examines the role that airports play in economic development and land values, the regulation and economic efficiency of airports, airport pricing and competition, and the role played by airports in influencing airline operations and networks.
Category: Airlines

Flying Off Course Iv

Author : Rigas Doganis
ISBN : 9781135188887
Genre : Business & Economics
File Size : 43.74 MB
Format : PDF, Kindle
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Rigas Doganis’s Flying Off Course has been the bible of the airline industry for several decades now and this new edition is published to take into account of the sweeping changes that the business has undergone in the new millennium.
Category: Business & Economics

Pricing Behaviour And Non Price Characteristics In The Airline Industry

Author : James Peoples
ISBN : 9781780524689
Genre : Business & Economics
File Size : 44.68 MB
Format : PDF
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Provokes the reader to think critically about the emergence of corporate styles of governance, management and leadership in higher education institutions (HEIs) and ways in which the demands of public management and the knowledge economy has shaped and re-shaped scholarly work and identity.
Category: Business & Economics

Straight And Level

Author : Mr Stephen Holloway
ISBN : 9781409485797
Genre : Transportation
File Size : 51.99 MB
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This third edition of Straight and Level thoroughly updates the previous edition with extensive comments on recent industry developments and emerging business models. The discussion is illustrated by current examples drawn from all sectors of the industry and every region of the world. Anyone who wants to gain a deeper understanding of airline economics at a practical level and an insight into the reasons for its financial volatility should find the book of interest.
Category: Transportation