By Lucy Budd, Stephen Ison
Commercial air delivery is a world multimillion buck that underpins the realm economic climate and allows the move of over three billion passengers and 50 million tonnes of air freight world wide each one year.
With a in actual fact established topic-based method, this textbook provides readers with the foremost matters in air delivery administration, together with: aviation legislations and legislation, economics, finance, airport and airline administration, environmental concerns, human source administration and advertising. The booklet contains conscientiously chosen contributions from major aviation students and pros around the world. to aid scholars of their stories the ebook comprises case experiences, examples, studying targets, key-phrase definitions and ‘stop and imagine’ packing containers to suggested mirrored image and to assist understanding.
Air shipping administration provides in-depth guide for undergraduate and postgraduate scholars learning aviation and company management-related levels. It additionally deals aid to practitioners trying to extend their wisdom base.
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Additional info for Air Transport Management: An international perspective
This includes a description of the aviation supply chain and its characteristics, such as the importance of network design, and the fact that airline seats cannot be stored, and that aviation services are offered by a variety of companies with different business models. The chapter also explains the factors that affect the demand for aviation services and how aggregate air travel has grown considerably as a result of deregulation. It also examines demand forecasting in aggregate and between origins and destinations.
Qq To understand the concept of price elasticity as it relates to air transport demand. qq To recognise three key features of airline supply: joint production, perishability and overcapacity. qq To appreciate the key characteristics of different airline business models. qq To understand the term ‘deregulation’ and its impact on airlines. qq To examine the factors that affect aggregate air travel demand and understand how to forecast aggregate and origin and destination (OD) demand. 0 Introduction This chapter will provide an explanation of the fundamental features of aviation economics.
The regulation of aviation is as fundamental and important to the industry as civil order is to modern society. Almost since its inception, commercial aviation has been subject to stringent legal and regulatory control. This was required for reasons of national security, defence, consumer protection, national economic interest and for the protection of life and property. There are early recorded instances involving ballooning accidents in which damage to personal property occurred and the courts were required to pass judgment.
Air Transport Management: An international perspective by Lucy Budd, Stephen Ison