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The Economics of Airlines - Prof. Volodymyr Bilotkach

The Economics of Airlines

Buch | Hardcover
224 Seiten
2025 | 3rd New edition
Agenda Publishing (Verlag)
978-1-78821-831-3 (ISBN)
CHF 129,95 inkl. MwSt
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This updated and expanded third edition explains the economic realities of the airline industry and the challenges that the sector now faces to decarbonise aviation.
The airline industry is fundamental to the workings of the global economy. Yet, ironically for an industry of such sheer scale and economic muscle, profit margins are razor thin and many airlines struggle to break even. The precarious economics of the sector were fully revealed when Covid-19 grounded flights across the world prompting many national carriers to seek government bailouts, while smaller airlines collapsed.



The third edition of this standard introduction to the economics of the airline industry has been fully updated and expanded to include new material on decarbonising aviation, aircraft leasing, the application of AI technology, changes to the international regulatory architecture, blocked mergers and the challenges facing Boeing, the cargo market, the growth of ancillary revenues, as well as further analysis of the impact of the pandemic on passenger numbers and the concept of delayed demand.



The book remains a comprehensive introduction to the economics of airlines, how carriers compete, how they develop their business, and how demand and cost structure, coupled with the complex regulatory regime, produces the industry we see today.

Volodymyr Bilotkach is an Associate Professor at the Polytechnic Institute, Purdue University. He is Associate Editor of the Journal of Air Transport Management and serves on the Editorial Board of Research in Transportation Economics. He has published extensively on airline economics, including airline alliances and mergers, airport regulation and the distribution of airline tickets, and has advised the European Commission on policy issues in the aviation sector.

Introduction



PART I Demand and Cost



1. Demand for air travel



2. Cost



3. Airline pricing



PART II Airline Markets



4. Market structure



5. Competition and consolidation



6. Alliances and joint ventures



7. Regulation and deregulation



8. Aviation safety and security



PART III External Effects of Aviation



9. Congestion and delays



10. Air and noise pollution



11. Decarbonizing aviation



12. Positive benefits



PART IV Economics of Related Markets



13. Airports



14. Air navigation services



15. Aircraft leasing



16. Aircraft manufacturing

Erscheint lt. Verlag 30.4.2025
Reihe/Serie The Economics of Big Business
Verlagsort Newcastle upon Tyne
Sprache englisch
Maße 148 x 210 mm
Themenwelt Natur / Technik Fahrzeuge / Flugzeuge / Schiffe Luftfahrt / Raumfahrt
Wirtschaft Betriebswirtschaft / Management Unternehmensführung / Management
Wirtschaft Volkswirtschaftslehre Makroökonomie
ISBN-10 1-78821-831-0 / 1788218310
ISBN-13 978-1-78821-831-3 / 9781788218313
Zustand Neuware
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