The State Of The Airline Industry


The State Of The Airline Industry
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The Evolution Of The Airline Industry


The Evolution Of The Airline Industry
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Author : Steven Morrison
language : en
Publisher: Brookings Institution Press
Release Date : 2010-12-01

The Evolution Of The Airline Industry written by Steven Morrison and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-01 with Business & Economics categories.


Since the enactment of the Airline Deregulation Act in 1978, questions that had been at the heart of the ongoing debate about the industry for eighty years gained a new intensity: Is there enough competition among airlines to ensure that passengers do not pay excessive fares? Can an unregulated airline industry be profitable? Is air travel safe? While economic regulation provided a certain stability for both passengers and the industry, deregulation changed everything. A new fare structure emerged; travelers faced a variety of fares and travel restrictions; and the offerings changed frequently. In the last fifteen years, the airline industry's earnings have fluctuated wildly. New carriers entered the industry, but several declared bankruptcy, and Eastern, Pan Am, and Midway were liquidated. As financial pressures mounted, fears have arisen that air safety is being compromised by carriers who cut costs by skimping on maintenance and hiring inexperienced pilots. Deregulation itself became an issue with many critics calling for a return to some form of regulation. In this book, Steven A. Morrison and Clifford Winston assert that all too often public discussion of the issues of airline competition, profitability, and safety take place without a firm understanding of the facts. The policy recommendations that emerge frequently ignore the long-run evolution of the industry and its capacity to solve its own problems. This book provides a comprehensive profile of the industry as it has evolved, both before and since deregulation. The authors identify the problems the industry faces, assess their severity and their underlying causes, and indicate whether government policy can play an effective role in improving performance. They also develop a basis for understanding the industry's evolution and how the industry will eventually adapt to the unregulated economic environment. Morrison and Winston maintain that although the airline industry has not rea



The State Of The Airline Industry


The State Of The Airline Industry
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Author : United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Aviation
language : en
Publisher:
Release Date : 1992

The State Of The Airline Industry written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Aviation and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.




State Of Competition In The Airline Industry


State Of Competition In The Airline Industry
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Author : United States. Congress. House. Committee on the Judiciary
language : en
Publisher:
Release Date : 2000

State Of Competition In The Airline Industry written by United States. Congress. House. Committee on the Judiciary and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Airlines categories.




The Airline Industry And The Impact Of Deregulation


The Airline Industry And The Impact Of Deregulation
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Author : George Williams
language : en
Publisher: Routledge
Release Date : 2017-03-02

The Airline Industry And The Impact Of Deregulation written by George Williams and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-02 with Transportation categories.


In the fast-changing theatre of air transportation, the strategic development of airlines and the operating economics of scheduled airline services have been transformed, following the profound impact of US deregulation. The lessons gleaned from the US experience, including effective ways of constraining rivals, have quickly been adopted by carriers facing the opening up to competition of their own local markets. In addition, in response to the hunt by the successful US survivors for further international traffic, carriers have been forced to emulate certain tactics adopted by these megacarriers, virtually irrespective of their own government’s regulatory stance. The economics of the sector, particularly with regard to revenue generation, has resulted in increased market concentration. In the longer term, prospects for competition remain unclear, given the likely existence of only a small number of similarly endowed, globally alligned megacarriers. This book explores the impact of deregulation policies on key areas of the airline industry, analyzes the response of incumbent carriers to economic freedom and examines whether or not it is possible to devise a pro-competitive regulatory strategy for this sector. The author provides the reader with a clear explanation as to: ¢ why airline deregulation policies have produced a number of unanticipated outcomes; ¢ why low-cost new entrants have been unable to survive under deregulation; ¢ why the impact of airline deregulation has differed between the USA and Western Europe. Using this analysis as a basis, he explores the future development of the sector, indicating the likely future trends towards globalization. He also argues that a competitive marketplace is not a guaranteed outcome of full deregulation and suggests an alternative approach. The book is of special interest to those members engaged in the airline industry, regulatory authorities and government departments of transport and industry. It wil



The State Of The Airline Industry


The State Of The Airline Industry
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Author : United States. Congress. Senate. Committee on Commerce, Science, and Transportation
language : en
Publisher:
Release Date : 2010

The State Of The Airline Industry written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.




The State Of The Airline Industry And The Potential Impact Of A Delta Northwest Merger


The State Of The Airline Industry And The Potential Impact Of A Delta Northwest Merger
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Author : United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Aviation Operations, Safety, and Security
language : en
Publisher:
Release Date : 2013

The State Of The Airline Industry And The Potential Impact Of A Delta Northwest Merger written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Aviation Operations, Safety, and Security and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Airlines categories.




Future Of The Airline Industry


Future Of The Airline Industry
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Author : United States. Congress. Senate. Committee on Commerce, Science, and Transportation
language : en
Publisher:
Release Date : 2006

Future Of The Airline Industry written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Transportation categories.




The Financial State Of The Airline Industry And The Implications Of Consolidation


The Financial State Of The Airline Industry And The Implications Of Consolidation
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Author : United States. Congress. Senate. Committee on Commerce, Science, and Transportation
language : en
Publisher:
Release Date : 2011

The Financial State Of The Airline Industry And The Implications Of Consolidation written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business & Economics categories.




The Airline Business


The Airline Business
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Author : Rigas Doganis
language : en
Publisher: Routledge
Release Date : 2005-11-16

The Airline Business written by Rigas Doganis and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-11-16 with Business & Economics categories.


The second edition of Rigas Doganis' book brings the airline industry story up to date, exploring airline mergers and alliances, price wars, the impact of disasters and the future prospects for the industry as a whole.



Foundations Of Airline Finance


Foundations Of Airline Finance
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Author : Bijan Vasigh
language : en
Publisher: Routledge
Release Date : 2019-07-02

Foundations Of Airline Finance written by Bijan Vasigh and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-02 with Transportation categories.


There are few industries that have had a more profound impact on business and society over the last century than aviation. This book is an accessible, up-to-date introduction to the current state of the aviation industry which provides readers with the tools necessary to understand the volatile and often complicated nature of airline finance. Understanding finance is critical in any industry; however, the financial track record of the airline industry places even more importance on effective financial management. Foundations of Airline Finance provides an introduction to the basics of finance – including time value of money, the valuation of assets, and revenue management – and the particular intricacies of airline finance where there can be wild fluctuations in both revenues and costs. The third edition of this text has been extensively updated to reflect the many changes in the air transport industry that have taken place since the publication of the second edition, and features an expanded chapter on aircraft leasing and many new international case examples. This thorough introduction to aviation finance is valuable reading as a general, introductory financial text, or as reading in specialized airline finance classes.