Introduction to Air Transport Economics

From Theory to Applications

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Author: Bijan Vasigh,Ken Fleming,Thomas Tacker

Publisher: Routledge

ISBN: 1315299054

Category: Business & Economics

Page: 498

View: 3933

Introduction to Air Transport Economics: From Theory to Applications uniquely merges the institutional and technical aspects of the aviation industry with their theoretical economic underpinnings. Its integrative approach offers a fresh point of view that will find favor with many students of aviation. This third edition has been extensively updated throughout. It features new material that stresses the dynamic aspects of demand and supply and the ongoing competitive aspects of the marketplace. It now features an introductory chapter, and specific examples, to more directly relate management decisions to the economic theory. Also, in addition to an expanded coverage of revenue management and pricing decisions, the third edition includes case studies that give real-world examples to reflect actual industry practice as well as a discussion of the more up-to-date computer applications that make the new techniques so effective. This book offers a self-contained theory and applications-oriented text for any individual intent on entering the aviation industry as a practicing professional in the management area. It will be of greatest relevance to undergraduate and graduate students interested in obtaining a more complete understanding of the economics of the aviation industry. It will also appeal to many professionals who seek an accessible and practical explanation of the underlying economic forces that shape the industry.

Introduction to Air Transport Economics

From Theory to Applications

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Author: Bijan Vasigh,Ken Fleming

Publisher: Routledge

ISBN: 1317113314

Category: Business & Economics

Page: 512

View: 7902

Introduction to Air Transport Economics: From Theory to Applications uniquely merges the institutional and technical aspects of the aviation industry with their theoretical economic underpinnings. In one comprehensive textbook it applies economic theory to all aspects of the aviation industry, bringing together the numerous and informative articles and institutional developments that have characterized the field of airline economics in the last two decades as well as adding a number of areas original to an aviation text. Its integrative approach offers a fresh point of view that will find favor with many students of aviation. The book offers a self-contained theory and applications-oriented text for any individual intent on entering the aviation industry as a practicing professional in the management area. It will be of greatest relevance to undergraduate and graduate students interested in obtaining a more complete understanding of the economics of the aviation industry. It will also appeal to many professionals who seek an accessible and practical explanation of the underlying economic forces that shape the industry. The second edition has been extensively updated throughout. It features new coverage of macroeconomics for managers, expanded analysis of modern revenue management and pricing decisions, and also reflects the many significant developments that have occurred since the original’s publication. Instructors will find this modernized edition easier to use in class, and suitable to a wider variety of undergraduate or graduate course structures, while industry practitioners and all readers will find it more intuitively organized and more user friendly.

Introduction to Air Transport Economics

From Theory to Applications

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Author: Dr Bijan Vasigh,Dr Thomas Tacker,Mr Ken Fleming

Publisher: Ashgate Publishing, Ltd.

ISBN: 1472400240

Category: Business & Economics

Page: 512

View: 9363

Introduction to Air Transport Economics: From Theory to Applications uniquely merges the institutional and technical aspects of the aviation industry with their theoretical economic underpinnings. In one comprehensive textbook it applies economic theory to all aspects of the aviation industry, bringing together the numerous and informative articles and institutional developments that have characterized the field of airline economics in the last two decades as well as adding a number of areas original to an aviation text. Its integrative approach offers a fresh point of view that will find favor with many students of aviation. The book offers a self-contained theory and applications-oriented text for any individual intent on entering the aviation industry as a practicing professional in the management area. It will be of greatest relevance to undergraduate and graduate students interested in obtaining a more complete understanding of the economics of the aviation industry. It will also appeal to many professionals who seek an accessible and practical explanation of the underlying economic forces that shape the industry. The second edition has been extensively updated throughout. It features new coverage of macroeconomics for managers, expanded analysis of modern revenue management and pricing decisions, and also reflects the many significant developments that have occurred since the original’s publication. Instructors will find this modernized edition easier to use in class, and suitable to a wider variety of undergraduate or graduate course structures, while industry practitioners and all readers will find it more intuitively organized and more user friendly.

Foundations of Airline Finance

Methodology and Practice

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Author: Bijan Vasigh

Publisher: Routledge

ISBN: 1351158023

Category: Technology & Engineering

Page: 444

View: 9543

Foundations of Airline Finance: Methodology and Practice is a textbook that comprehensively covers, at a basic level, all aspects of the subject, bringing together many of the numerous and informative articles and institutional developments that have characterized the field of airline finance in the previous two decades. In the early chapters, the reader is introduced to the elementary theoretical foundations that underpin the role of finance in the airline industry. Critical topics, such as the time value of money, the notion of risk and return, and the complex nature of costs (fixed, semi-fixed, variable, and marginal) are discussed and illustrated with concrete examples. This is followed by an in-depth presentation of the role of accounting in airlines. Ratio analysis is used to further analyze airline financial statements. Airline industry specific metrics, such as cost per available seat mile (CASM) and revenue per revenue passenger mile (RRPM), are covered. The role of capital and asset management is then explained in the following chapters. The final chapters of the text present some important practical applications of the theoretical ideas presented earlier; these applications include hedging, the buy versus lease decision for aircraft and the question of the valuation of assets (mainly aircraft). Moreover, specific methods for actually calculating internal valuation are presented and evaluated. Foundations of Airline Finance: Methodology and Practice will be of greatest value to students who are contemplating entering financial management in the air transportation industry; however, the text will also serve as an accessible and comprehensive reference for industry professionals.

Modeling Applications in the Airline Industry

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Author: Ahmed Abdelghany,Khaled Abdelghany

Publisher: Routledge

ISBN: 1317094905

Category: Business & Economics

Page: 290

View: 2229

Modeling Applications in the Airline Industry explains the different functions and tactics performed by airlines during their planning and operation phases. Each function receives a full explanation of the challenges it brings and a solution methodology is presented, supported by numerical illustrative examples wherever possible. The book also highlights the main limitations of current practice and provides a brief description of future work related to each function. The authors have filtered the rich literature of airline management to include only the research that has actually been adopted by the airlines, giving a genuinely accurate representation of real airline management and its continuing development of solution methodologies. The book consists of 20 chapters divided into 4 sections: - Demand Modeling and Forecasting - Scheduling of Resources - Revenue Management - Irregular Operations Management. The book will be a valuable source or a handbook for individuals seeking a career in airline management. Written by experts with significant working experience within the industry, it offers readers insights to the real practice of operations modelling. In particular the book makes accessible the complexities of the key airline functions and explains the interrelation between them.

Airline Marketing and Management

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Author: Mr Stephen Shaw

Publisher: Ashgate Publishing, Ltd.

ISBN: 1409486680

Category: Business & Economics

Page: 378

View: 5276

Through six previous editions, Airline Marketing and Management has established itself as the leading textbook for students of marketing and its application to today's airline industry, as well as a reference work for those with a professional interest in the area. Carefully revised, the seventh edition of this internationally successful book examines an exceptionally turbulent period for the industry. It features new material on: ∗Changes in customer needs, particularly regarding more business travellers choosing - or being forced - to travel economy, and analysis of the bankruptcy of 'All Business Class' airlines. ∗ An explanation of the US/EU 'Open Skies' agreement and analysis of its impact. ∗The increase in alliance activity and completion of several recent mergers, and the marketing advantages and disadvantages that have resulted. ∗ Product adjustments that airlines must make to adapt to changes in the marketing environment, such as schedule re-adjustments and the reconfiguration of aircraft cabins. ∗Changes in pricing philosophies, with, for example, airlines moving to 'A La Carte' pricing, whereby baggage, catering and priority boarding are paid for as extras. ∗Airline websites and their role as both a selling and distributing tool. ∗The future of airline marketing. A review of the structure of the air transport market and the marketing environment is followed by detailed chapters examining business and marketing strategies, product design and management, pricing and revenue management, current and future distribution channels, and selling, advertising and promotional policies. The reader will benefit from greater understanding of both marketing and airline industry jargon and from knowledge obtained regarding the extraordinary strategic challenges now facing aviation. Written in a straightforward, easy-to-read style and combining up-to-date and relevant examples drawn from the worldwide aviation industry, this new edition will further enhance the book's reputation for providing the ideal introduction to the subject.

Designing and Executing Strategy in Aviation Management

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Author: Triant G. Flouris,Sharon L. Oswald

Publisher: Routledge

ISBN: 1317152190

Category: Technology & Engineering

Page: 208

View: 2372

Designing and Executing Strategy in Aviation Management is designed to provide an intensely practical guide to this critically important topic. Comprehensive in coverage and easy-to-read in style, it allows both professionals and students to understand the principles and practicalities of crafting and executing business strategies with an aviation context. The result is a comprehensive and multifaceted teaching/learning package, which includes applied case studies on a wide range of airlines and aviation businesses, setting out how these organizations deal with strategy formulation and implementation in critical areas. Topics covered include: corporate strategy, generic strategy, competitive strategy, internal and external environment assessment, mergers, alliances, safety and security. Written directly for both aviation professionals and student courses in aviation strategy, aviation management and aviation operations, it will also be of great interest to aviation professionals in a variety of different fields, including airlines, corporate aviation, consultancy, etc., as well as academics within the field of aviation and those within the field of strategy and management science.

The Transport System and Transport Policy

An Introduction

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Author: Bert van Wee,Jan Anne Annema,David Banister

Publisher: Edward Elgar Publishing

ISBN: 0857936905

Category: Business & Economics

Page: 399

View: 676

ÔThis very interesting book provides an excellent multi-disciplinary introduction into the functioning of transport systems and the interaction with their environments.Õ Ð Erik Verhoef, VU University Amsterdam, The Netherlands ÔThe editors of this important book have clearly identified that few writings on transport treat the transport system as a whole. Implicit in this is a need for a genuinely multidisciplinary approach. An impressive list of contributors ensures that the book draws on the latest research whilst providing new insights into some of the key challenges facing transport students and researchers, transport providers and policy makers.Õ Ð Roger Vickerman, University of Kent, UK ÔSince ancient times transportation has brought our world together. But the need for connectivity and accessibility in a spatially differentiated world has prompted the emergence of very complex transportation systems. This book offers a fresh and operational contribution to a better understanding of the complexity and manageability of a mobile world, by addressing in a balanced way both conceptual and applied or policy aspects of modern transportation systems.Õ Ð Peter Nijkamp, Free University of Amsterdam, The Netherlands Transport impacts on people and businesses in many different ways, and presents some of the key problems that decision-makers need to address. This comprehensive textbook introduces the transport system in a holistic and multidisciplinary way, bringing together the myriad components of transport. This textbook is written for an international readership of undergraduate and postgraduate students in transport and related subjects, as well as for professionals and policy decision-makers across both public and private sectors. Key features include: ¥ Discussion of the importance of transport accessibility and the impacts of transport on the environment and safety ¥ Policy issues relating to all of the discussed issues and prescribed future options. ¥ Transport evaluation methods and modelling approaches. ¥ Examples to highlight the linkages between components of the transport system Ð for example infrastructures, land-use, vehicle technologies Ð and the relevance of these linkages for decision making.

A Handbook of Transport Economics

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Author: André de Palma,Robin Lindsey,Emile Quinet,Roger Vickerman

Publisher: Edward Elgar Publishing

ISBN: 0857930877

Category: Transportation

Page: 928

View: 6551

'This Handbook is a stellar compilation of up-to-date knowledge about the important topics in transport economics. Authors include the very best in the field, and they cover the most important topics for today's research and policy applications. Individual chapters contain sound, readable, well referenced explanations of each topic's history and current status. I cannot think of a better place to start for anyone wanting to become current in the field or in any of its parts.' – Kenneth Small, University of California-Irvine, US Bringing together insights and perspectives from close to 70 of the world's leading experts in the field, this timely Handbook provides an up-to-date guide to the most recent and state-of-the-art advances in transport economics. The comprehensive coverage includes topics such as the relationship between transport and the spatial economy, recent advances in travel demand analysis, the external costs of transport, investment appraisal, pricing, equity issues, competition and regulation, the role of public–private partnerships and the development of policy in local bus services, rail, air and maritime transport. This Handbook is designed both for use on postgraduate and advanced undergraduate courses and as a reference for anyone working in the field. It also complements the textbook Principles of Transport Economics.

An Introduction to Airline Economics

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Author: William E. O'Connor

Publisher: Greenwood Publishing Group

ISBN: 9780275969110

Category: Business & Economics

Page: 253

View: 624

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.

Hazardous Materials and Hazardous Waste Management

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Author: Gayle Woodside

Publisher: John Wiley & Sons

ISBN: 9780471174493

Category: Science

Page: 477

View: 793

The most comprehensive and convenient guide to date on the management, storage, and disposal of hazardous materials and waste. For the professional faced with making sense of the reams of governmental regulations surrounding waste handling and disposal from the EPA, OSHA, and the Nuclear Regulatory Commission, untangling the legal jargon can be as challenging as managing these materials and wastes. Explaining how these complex regulations interrelate and when they apply, the first edition of Hazardous Materials and Hazardous Waste Management became an instant reference staple–offering practical, comprehensive guidance on current definitions of hazardous wastes and materials as well as their use, management, treatment, storage, and disposal. Extensively revised and expanded with many new topics, this new Second Edition now covers additional areas such as water quality management, pollution prevention, process safety management, and transportation of hazardous materials and waste. Retaining its predecessor′s practical topical range, this edition is invaluable for the chemical and environmental engineer as well as the hazardous materials technician, with essential information on: ∗ Hazardous materials management in the workplace, from personal monitoring and protection to safety and administration. ∗ Treatment and disposal technologies. ∗ Environmental contamination assessment and management, including groundwater and soil, air quality, water quality, and pollution prevention. ∗ Process safety management, hazard assessment, emergency response, and incident handling. The first book to provide coherent treatment of both hazardous materials and waste management in one volume, the Second Edition of Hazardous Materials and Hazardous Waste Management secures this reference′s well–earned position in the professional′s library as a source of solid, timely technical information.

Airline Finance

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Author: Dr Peter S Morrell

Publisher: Ashgate Publishing, Ltd.

ISBN: 1409474151

Category: Business & Economics

Page: 318

View: 5979

Air transport industry finance, with its complexity and special needs such as route rights, airport slots, aircraft leasing options and frequent flyer programmes, requires specific knowledge. While there are numerous financial management and corporate finance texts available, few of these provide explanations for the singularities of the airline industry with worked examples drawn directly from the industry itself. Revised and updated in its fourth edition, this internationally renowned and respected book provides the essentials to understanding all areas of airline finance. Designed to address each of the distinct areas of financial management in an air transport industry context, it also shows how these fit together, while each chapter and topic provides a detailed resource which can be also consulted separately. Supported at each stage by practical airline examples, it examines the financial trends and prospects for the airline industry as a whole, contrasting the developments for the major regions and airlines. Important techniques in financial analysis are applied to the airline industry, together with critical discussion of key issues. Thoroughly amended and updated throughout, the fourth edition reflects the many developments that have affected the industry, with a particular emphasis on the full impact of the global banking and sovereign debt crises. This edition also features new material discussing the increased airline mergers and acquisitions (M&A) activity of recent years, and considers the likelihood of further consolidation in the future. The book is a key resource for students of airline management, and a sophisticated and authoritative guide for analysts in financial institutions and consultancies, executives in airlines and related industries, and civil aviation departments.

Introduction to Environmental Management

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Author: Mary K. Theodore,Louis Theodore

Publisher: CRC Press

ISBN: 1420089080

Category: Law

Page: 572

View: 8405

It is hard to imagine an area of study or a discipline in which a basic knowledge of the issues would not be beneficial, since environmental concerns are very much in the public consciousness. Written at a level that is accessible to students in all disciplines, Introduction to Environmental Management translates complex environmental issues into understandable terms. This book gives students and practitioners an understanding of regulations, pollutants, and waste management that they can take into whatever field or business they pursue. Sections include: Overview — introduces environmental issues, regulations, and types of pollutants Air — covers issues related to air pollution, including how air pollution can be controlled and the quality of indoor air Water — discusses the problems of pollution in water and methods to control it Solid Waste — examines the different types of solid waste, such as hazardous, medical, and nuclear, as well as treatment techniques for each Pollution Prevention — focuses on pollution prevention in areas such as health, safety, and accident prevention; energy conservation; and waste reduction Risk — examines how environmental risks are perceived and communicated, and how individuals can be educated about them Other Areas of Interest — includes coverage of electromagnetic fields, environmental implications of nanotechnology, and ethical issues as they relate to the environment A complete teaching tool, this book offers a combination of insightful coverage, concise language, and convenient pedagogical features.

Aircraft Finance

Strategies for Managing Capital Costs in a Turbulent Industry

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Author: Bijan Vasigh,Reza Taleghani,Darryl Jenkins

Publisher: J. Ross Publishing

ISBN: 1604270713

Category: Business & Economics

Page: 408

View: 9272

This title presents a flexible valuation and decision-making tool for financial planners, airlines, lease companies, bankers, insurance companies, and aircraft manufacturers.

The Economics of International Airline Transport

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Author: N.A

Publisher: Emerald Group Publishing

ISBN: 1783506407

Category: Transportation

Page: 392

View: 3531

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.

Understanding Decision-making Processes in Airline Operations Control

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Author: Dr Peter J Bruce

Publisher: Ashgate Publishing, Ltd.

ISBN: 140948677X

Category: Transportation

Page: 206

View: 8799

Previous studies conducted within the aviation industry have examined a multitude of crucial aspects such as policy, airline service quality, and revenue management. An extensive body of literature has also recognised the importance of decision-making in aviation, with the focus predominantly on pilots and air traffic controllers. Understanding Decision-Making Processes in Airline Operations Control focuses instead on an area largely overlooked: an airline's Operations Control Centre (OCC). This serves as the nerve centre of the airline and is responsible for decision-making with respect to operational control of an airline's daily schedules. The environment within an OCC is extremely intense and a key role of controllers is to make decisions that facilitate the airline's recovery from frequent, highly complex, and often multiple disruptions. As such, decision-making in this domain is critical to minimise the operational, commercial and financial impact resulting from disruptions. The book examines many aspects of individual decision-making in airline operations, and addresses the deficiencies found by presenting to the reader an examination of the relationships among situation awareness, information completeness, experience, expertise, decision considerations and decision alternatives in OCCs. The text utilises a multiple case study approach and proposes a number of relevant and important implications for OCC management. Practical outcomes highlight the need for enhancing training programs enabling existing controllers to readily identify and classify elements of situation awareness and decision considerations as a means of improving the decision-making process. They also draw attention to the need for airline OCCs to understand the extent to which industry experience and expertise of controllers is important in the selection of future staff.

Straight and Level: Practical Airline Economics

Practical Airline Economics

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Author: Stephen Holloway

Publisher: Routledge

ISBN: 1351774212

Category: Social Science

Page: 656

View: 4203

This title was first published in 2003.Airline operating profits are well known to be volatile, and the global industry aggregate figures conceal wide differences in performance between carriers. The fundamental reasons for the poor performance of the industry as a whole were in the early 1990's that output ran too far ahead of demand, and the yield earned on output sold was insufficient to cover costs. In strategic context, this second edition uses a simple yet powerful model to explore linkages between the fundamentals of airline economics and the volatility of industry results at the operating level. Its five parts look in turn at strategic context, supply side, demand side, network management and a general conclusion.