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Extensively revised and updated edition of the bestselling textbook, provides an overview of recent global airline industry evolution and future challenges Examines the perspectives of the many stakeholders in the global airline industry, including airlines, airports, air traffic services, governments, labor unions, in addition to passengers Describes how these different players have contributed to the evolution of competition in the global airline industry, and the implications for its future evolution Includes many facets of the airline industry not covered elsewhere in any single book, for example, safety and security, labor relations and environmental impacts of aviation Highlights recent developments such as changing airline business models, growth of emerging airlines, plans for modernizing air traffic management, and opportunities offered by new information technologies for ticket distribution Provides detailed data on airline performance and economics updated through 2013
Airline Operations and Management: A Management Textbook presents a survey of the airline industry, with a strong managerial perspective. It integrates and applies the fundamentals of several management disciplines, particularly operations, marketing, economics and finance, to develop a comprehensive overview. It also provides readers with a solid historical background, and offers a global perspective of the industry, with examples drawn from airlines around the world. Updates for the second edition include: Fresh data and examples A range of international case studies exploring real-life applications New or increased coverage of key topics such as the COVID-19 pandemic, state aid, and new business models New chapters on fleet management and labor relations and HRM Lecture slides for instructors This textbook is for advanced undergraduate and graduate students of airline management, but it should also be useful to entry and junior-level airline managers and professionals seeking to expand their knowledge of the industry beyond their functional area.
This third edition of Straight and Level thoroughly updates the previous edition with extensive comments on recent industry developments and emerging business models. The discussion is illustrated by current examples drawn from all sectors of the industry and every region of the world. Anyone who wants to gain a deeper understanding of airline economics at a practical level and an insight into the reasons for its financial volatility should find the book of interest.
Embark on a thrilling journey into the world of aviation with "Navigating the Skies: Mastering Aviation Management." This comprehensive guide takes you through the art and science of aviation management, unveiling strategies and insights to ensure the smooth operation of airlines, airports, and aviation-related businesses. Whether you're an aviation enthusiast, aspiring professional, or seasoned industry veteran, this book is your compass to mastering the principles of aviation management. Unveiling Operational Excellence: Immerse yourself in the dynamic realm of aviation management as this book provides a roadmap to understanding the intricacies of airline operations, safety protocols, customer service, and regulatory compliance. From mastering flight scheduling and fleet management to ensuring passenger satisfaction and optimizing revenue, from navigating complex aviation regulations to enhancing aviation security, this guide equips you with the tools to excel in the art of aviation management. Key Topics Explored: Airline Operations: Discover the essentials of managing flight schedules, crew assignments, and aircraft maintenance for optimal performance. Passenger Experience: Learn about delivering exceptional customer service, from ticket booking to in-flight comfort. Safety and Security: Understand aviation safety protocols, emergency response plans, and strategies for mitigating risks. Regulatory Compliance: Navigate the ever-changing landscape of aviation regulations and ensure adherence to industry standards. Aviation Business Strategies: Explore revenue management, cost control, and business development in the aviation sector. Target Audience: "Navigating the Skies" caters to aviation professionals, airline managers, airport administrators, students pursuing aviation studies, and anyone passionate about the aviation industry. Whether you're aspiring to lead aviation organizations, enhance passenger experiences, or contribute to the safe and efficient functioning of aviation operations, this book empowers you to navigate the intricacies of aviation management with confidence. Unique Selling Points: Real-Life Aviation Scenarios: Engage with practical examples from the aviation industry that showcase successful aviation management strategies. Practical Tools and Insights: Provide actionable insights, case studies, and advanced tools for optimizing aviation operations. Safety and Compliance Focus: Address the critical importance of safety protocols and regulatory compliance in aviation management. Strategic Innovation: Showcase how creative strategies and technological advancements are reshaping aviation operations. Soar to New Heights: "Aviation Management" transcends ordinary aviation guides—it's a transformative resource that celebrates the art of understanding, navigating, and mastering the complexities of aviation management. Whether you're ensuring passenger satisfaction, optimizing operational efficiency, or contributing to aviation industry advancement, this book is your compass to mastering aviation management principles. Secure your copy of "Aviation Management" and embark on a journey of mastering aviation management for safe, efficient, and innovative skies.
An economic analysis of the way in which the air transport industry operates and the nature of the policies that have been adopted to regulate the sector. The authors cover domestic and international air transportation with an emphasis on airlines.
Regulation and Markets provides the up to date, integrated analysis of regulatory policies and the administrative process that is needed in today's field of regulation economics. The book takes a modern perspective, using the tools of industrial organization and game theory. It is the only unified treatment of the field and combines theoretical models with consideration of public policy issues in the areas of antitrust, price regulation, environmental regulation, product quality, and workplace safety. The discussion considers both the welfare effects of regulation and the institutional aspects of the administrative regulatory process. Developments in the fields of law and political science have been integrated in a rigorous manner into the economic framework.Sections of the book address administrative process and market allocation, competition and pricing under increasing returns to scale, administrative regulation of markets, and antitrust enforcement. The conclusion evaluates regulatory policy and deregulation. Extensive literature citations throughout enhance the books value as a reference.
In a world of changing lifestyles brought about by new services, technology and e-commerce, this book enters the arena of contemporary research with particular topicality. Integrating both theory and real world practices, Ng advances the latest concepts in pricing and revenue management for services in a language that is useful, prescriptive and ye
First published in 1991. Routledge is an imprint of Taylor & Francis, an informa company.
This book offers the first introduction to the concepts, theories, and applications of pricing and revenue optimization. From the initial success of "yield management" in the commercial airline industry down to more recent successes of markdown management and dynamic pricing, the application of mathematical analysis to optimize pricing has become increasingly important across many different industries. But, since pricing and revenue optimization has involved the use of sophisticated mathematical techniques, the topic has remained largely inaccessible to students and the typical manager. With methods proven in the MBA courses taught by the author at Columbia and Stanford Business Schools, this book presents the basic concepts of pricing and revenue optimization in a form accessible to MBA students, MS students, and advanced undergraduates. In addition, managers will find the practical approach to the issue of pricing and revenue optimization invaluable. With updates to every chapter, this second edition covers topics such as estimation of price-response functions and machine-learning-based price optimization. New discussions of applications of dynamic pricing and revenue management by companies such as Amazon, Uber, and Disney, and in industries such as sports, theater, and electric power, are also included. In addition, the book provides current coverage of important applications such as revenue management, markdown management, customized pricing, and the behavioral economics of pricing.
The debate on the future of the aviation sector and the viability of its traditional business practices is the core of this book. The liberalization of the EU market in the 1990s has radically modi?ed the competitive environment and the nature of airline competition. Furthermore, the new millennium began with terrorist attacks, epidemics, trade globalization, and the rise of oil prices, all of which combined to push the industry into a “perfect storm”. Airline industry pro?tability has been an elusive goal for several decades and the recent events has only accentuated existing weaknesses. The main concern of ind- try observers is whether the airline business model, successful during the 1980s and 1990s, is now sustainable in a market crowded by low-cost carriers. The airlines that will respond rapidly and determinedly to increase pressure to restructure, conso- date and segment the industry will achieve competitive advantages. In this context, the present study aims to model the new conduct of the ‘legacy’ carriers in a new liberalized European market in terms of network and pricing competition with l- cost carriers and competitive reaction to the global economic crises.