Introduction to Airline Economics

ISBN-10: 0275969118
ISBN-13: 9780275969110
Edition: 6th 2001
List price: $96.00 Buy it from $67.16
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Description: The fabric of the airline industry has continued to undergo remarkable changes since the 5th edition of this classic text was published in 1995. The industry has witnessed a series of mergers and a trend toward consolidation into fewer but larger  More...

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Book details

List price: $96.00
Edition: 6th
Copyright year: 2001
Publisher: ABC-CLIO, LLC
Publication date: 10/30/2000
Binding: Hardcover
Pages: 272
Size: 6.25" wide x 9.25" long x 1.00" tall
Weight: 1.452
Language: English

The fabric of the airline industry has continued to undergo remarkable changes since the 5th edition of this classic text was published in 1995. The industry has witnessed a series of mergers and a trend toward consolidation into fewer but larger airlines. Route patterns have been reconstructed around hub cities. In contrast to the early 1990s, which saw unprecedented operating deficits, the late 1990s have seen a swing to highly profitable operations, characterized by the forming of alliances among U.S. and foreign airlines. Revised substantially to cover these changes, this book is an excellent introduction to the economics of U.S. airline services, both domestic and international. A college level text suitable for students without a background in economics, this book is intended for such one-semester courses as Aviation Administration, Air Transportation, and Economics of Air Transportation. Enhancing the book's value, the volume includes self-testing questions for each chapter and an appendix covering the portions of the basic transportation statute--the former Federal Aviation Act--that are pertinent to the text. Focusing exclusively on airlines--and excluding private, military, and other types of flying--this book is the only college text dealing exclusively with the economics of U.S. airlines.

Tables
Preface
Abbreviations
An Overall Look at the Structure of Air Transportation
Economic Regulation Defined
Regulatory Reform
The Transportation Statute
Special Economic Characteristics
Other Economic Characteristics
Characteristics of International Service
Structure of the U.S. Airline Industry
How Airlines Serve the Public Interest
U.S. Public Interest Objectives
Objectives of International Airline Service
Entry and Exit
Airline Entry and Exit Policies
Government Regulation of Entry
Government Regulation of Exit
Mergers and Acquisitions
International Entry--Bilateral Agreements
Current Trends in International Airline Service
The Costs of Airline Service
Accounting Categories
Analysis of Costs
The Production Function and Factor Costs
The Two Major Airline Cost Areas
Aircraft Selection as a Determinant of Costs
Impact of Technological Advances on Costs
The Demand for Airline Service
Some Demand Characteristics
Methods of Estimating Demand
Passenger Options
Travel Agencies and Computer Reservations Systems
Airline Rates
Basic Ratemaking Factors
The Changing Structure of Airline Passenger Fares
Rate Regulation
International Rates--Dealings with Foreign Governments
Air Cargo
The Cargo Mix
Cargo versus Passenger Characteristics
Types of Aircraft and Their Impact on Cargo
Terminal Facilities
Pickup and Delivery Service
Air Freight Forwarders
Competition with Other Modes
Competition for Cargo between U.S. and Foreign Airlines
The Selling of Air Freight Service
Unitization--Containers and Pallets
Cargo Rates
Cargo Charters
Contract and Private Carriage of Cargo
Some Current Problems
Current Problem Areas
Airport-Airline Relations
Questions for the Future
Self-Testing Questions
Transportation Statute--Digest of Selected Portions
Selected Bibliography
Index

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