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With the decline in new aircraft deliveries, ownership, and facilities has come a similar decline in general aviation operations, pilot certification, and sales at fixed base operators (FBOs). It is clear that, because of the challenges faced by the industry, FBOs must be well-managed to survive. Written from the academic and practical aviation experiences of the authors, this text provides the analytical tools that will assist the manager of the aviation service business who wishes to capitalize on these challenges and opportunities. It is intended to serve both undergraduate and graduate academic audiences, as well as to be a practical reference for the individual in industry. Also includes are links to additional trade and industry materials, many of which are available on the Internet from a host of professional organizations, to supplement the text.
With the decline in new aircraft deliveries, ownership,and facilities has come a similar decline in general aviation operations, pilot certification, and sales at fixed base operators (FOBs). It is clear that, because of the challenges faced by the industry, FBOs must be well-managed to survive. Written from the academic and practical aviation experiences of the authors, this text provides the analytical tools that will assist the manager of the aviation service business who wishes to capitalize on these challenges and opportunities.
Although introductions to courses in finance exist for a variety of fields, Robert W. Kaps provides the first text to address the subject from an aviation viewpoint. Relying on his vast experience--twenty-plus years in the airline industry and more than thirty years in aviation--Kaps seeks not only to prepare students for careers in the aviation field but also to evoke in these students an excitement about the business. Specifically, he shows students how airlines, airports, and aviation are financed. Each chapter contains examples and illustrations and ends with suggested readings and references. Following his discussion of financial management and accounting procedures, Kaps turns to financial management and sources of financial information. Here he discusses types of business organizations, corporate goals, business ethics, maximizing share price, and sources of financial information. Kaps also covers debt markets, financial statements, air transport sector revenue generation, and air transport operating cost management, including cost administration and labor costs, fuel, and landing fees and rentals. He describes in depth air transport yield management systems and airport financing, including revenues, ownership, operations, revenue generation, funding, allocation of Air Improvement Program funds, bonds, and passenger facility charges. Kaps concludes with a discussion of the preparation of a business plan, which includes advice about starting and running a business. He also provides two typical business plan outlines. While the elements of fiscal management in aviation follow generally accepted accounting principles, many nuances are germane only to the airline industry. Kaps provides a basic understanding of the principles that are applicable throughout the airline industry.
Business aviation is one of America's most important yet least understood industries. Most organizations (about 85%) operating business aircraft are small and medium-size enterprises. They include a wide range of organizations: state governments, universities, charitable organizations, and all types of businesses. While the organizations that rely on business aviation are varied, they all have one thing in common: the need for fast, flexible, safe, and secure access to destinations worldwide. Many small U.S. businesses rely on business aviation. They are located in markets where the airlines have reduced or eliminated service, making business aviation an important connection to the rest of the world. Business aviation fosters efficiency and productivity, and is essential in an intensely competitive global marketplace. This textbook, Practical Applications in Business Aviation Management, systematically examines business aviation and provides you with a complete understanding of one of America's most dynamic industries. In this comprehensive guide to business aviation management, authors James R. Cannon and Franklin D. Richey provide in-depth and useful information on all aspects of managing a corporate aviation program. The book begins with a brief look at the history of business aviation and its important role in the aviation industry. It then moves on to focus on the practical issues facing all corporate aviation programs, such as: -Regulatory compliance -Administrative issues -Aircraft and facility maintenance -Finances and budgeting -Aircraft selection and acquisition -Standard operating procedures -International operations -Human resource management -Training -Communication and teambuilding -Safety and security -And much more The book also includes a foreword by Ed Bolen, the President and CEO of the National Business Aviation Association. It is an essential tool for students and professionals who need comprehensive, accurate, and practical information on managing a corporate aviation program.
Provides the analytical tools that will assist the manager of the aviation service business who wishes to be competitive in today's aviation environment capitalize on challenges and opportunities. This is a practical reference for the individual in industry and also serves well in undergraduate and graduate courses.
This volume provides an introduction to aviation management covering all major actors and processes, the fundamental structures, and the economic and regulatory background of the industry. It comprises contributions from experienced practitioners of the aviation industry and from scholars in that field.
Combining the considerable respective expertise of Triant Flouris and Dennis Lock, this unique book highlights the ways that successful businesses are managed in the aviation industry through the identification and application of proven project management methods. Theoretical concepts are defined, clarified and shown how they can be valuable to business managers and students of the aviation business sector. Aviation Project Management builds on the successful and popular work of Dennis Lock but is considerably enhanced by applications, examples, illustrations and case examples pertaining to projects exclusively from the aviation industry. Theory in the project management field is already well evolved, so the purpose of this book is not to review that theory but rather to demonstrate how the lessons of theory can be of practical use to aviation students and business managers. It provides a practical guide to those interested in how projects are managed and the common mistakes that aviation project managers should avoid.
This Study Guide is designed to be used with the textbook Labor Relations in the Aviation and Aerospace Industries. It is intended to assist students in comprehending basic terminology and principles of labor relations and the law, to relate those principles to unique features of the aviation and aerospace industry, and to prepare for the kinds of labor relations–related decisions students will soon be making as aviation professionals, whether in private or public sector employment. It includes review questions, online assignments, supplemental readings, and exercises.