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Presented in this book is the story of the former Frontier Airlines from its founding just after World War II to its eventual demise in the 1980s. The legacy of pioneering air service, purchasing jets, and competing after airline deregulation are just a few of the entertaining storylines that capture a golden and bygone era. The human side of how airlines operate is also documented, as is the saga of change and progression through the years. The book is supplemented with a large number of historical photographs showing aircraft, crews, airports, and memorabilia.
A look at how aviation's frontier lasted only a scant 3 decades, then vanished as commercial and military imperatives made flying routine.
This book chronicles airline revenue management from its early origins to the last frontier. Since its inception revenue management has now become an integral part of the airline business process for competitive advantage. The field has progressed from inventory control of the base fare, to managing bundles of base fare and air ancillaries, to the precise inventory control at the individual seat level. The author provides an end-to-end view of pricing and revenue management in the airline industry covering airline pricing, advances in revenue management, availability, and air shopping, offer management and product distribution, agency revenue management, impact of revenue management across airline planning and operations, and emerging technologies is travel. The target audience of this book is practitioners who want to understand the basics and have an end-to-end view of revenue management.
When starting new airlines in response to government deregulation, entrepreneurs in the U.S. and Europe reduced some traditional service qualities (to reduce costs), concentrated on non-stop services between city pairs not already so connected, improved on-time performance, and offered low fares to win leisure travelers from the incumbents and to encourage more travel. In recent developments, some of the new airlines have offered optional extras (at higher fares) to attract business travelers and entered major routes alongside the legacy carriers. Within both the U.S. and Europe, deregulation removed most geographical barriers to expansion by short-haul airlines. Later, limited deregulation spread to other world regions, where many short-haul routes connect city pairs in different countries, and where governments have retained traditional two-country mechanisms restricting who may fly. To gain access to domestic routes in other countries, some new airlines are setting up affiliate companies in neighboring countries, with each company legally controlled in the country of domicile. With air travel growing strongly, especially in Asia, a common result is intense, but potentially short-lived, competition on major routes. The recent developments give clear signposts to likely mid-term outcomes, and make this an opportune time to report on the new-airline scene. The Airline Revolution will provide valuable economic analysis of this climate to students, airline professionals advancing to senior positions, public servants and others who provide advice to governments.
In recent years the airline industry has experienced severe volatility in earnings, with airlines recording periods of substantial profits that are closely followed by periods of financial distress. This trend has continued into the new millennium, with numerous examples of airlines across the globe entering bankruptcy protection or liquidating. The text provides an introduction to both the basics of finance and the particular intricacies of airline finance where there can be significant fluctuations in both revenues and costs. This new edition also includes: capital budgeting management of current assets financial risk analysis fuel hedging aircraft leasing This textbook contains chapters that cover unique aspects of the aviation financial decision-making process. These include a rigorous and structured presentation of the buy versus lease decision that is prevalent in the industry, a valuation process for aviation assets, the recent trend toward privatization and the difficulty inherent in the valuation of a publicly-owned or semi-publicly owned asset. The Foundations of Airline Finance, now in its second edition, is an introductory text that can be used either as a general financial text or in a specialized class that deals with aviation finance in particular.
Most towns did not have hospitals of their own before the mid-twentieth century, and Kentucky towns were no exception. KentuckyÕs first real hospital opened in 1823, but it was in LouisvilleÑtoo far away to serve many Kentucky communities, especially in cases of emergency. For this and other reasons, the lifespan of the average Kentuckian in the 1800s was only 40 years. Today it has grown to 75, and trained medical professionals are available to most communities throughout the state. Healing Kentucky tells how medical care changed in Kentucky over 200 years and became the much safer and better system we know today. It also describes early healing practices and methods used to care for the sick in the days before safe hospitals, even on Civil War battlefields. From cholera epidemics to polio and plastic surgery, readers will learn much about the people who shaped medicine in Kentucky.

Barriers to Entry

United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Aviation

Published: 1997

Total Pages: 204


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Airline Competition

United States. Congress. Senate. Committee on Appropriations. Subcommittee on Transportation and Related Agencies

Published: 1999

Total Pages: 248


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