Air Transport Liberalization

Air Transport Liberalization

Author: Matthias Finger

Publisher: Edward Elgar Publishing

Published: 2017-12-29

Total Pages: 401

ISBN-13: 1786431866

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This groundbreaking book offers a critical and wide-ranging assessment of the global air transport liberalization process over the past 40 years. This compilation of world experts on air transport economics, policy, and regulation is timely and significant, considering that air transport is currently facing a series of new challenges due to technological changes, the emergence of new markets, and increased security concerns.


Economic Regulation and Its Reform

Economic Regulation and Its Reform

Author: Nancy L. Rose

Publisher: University of Chicago Press

Published: 2014-08-29

Total Pages: 619

ISBN-13: 022613816X

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The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.


The Evolution of the Airline Industry

The Evolution of the Airline Industry

Author: James Baldwin

Publisher:

Published: 2019-08-18

Total Pages: 199

ISBN-13: 9781687207524

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This book gives a brief but concise narrative on the evolution of the airline industry from its beginnings to the present day. The focus is on regulations, historic events and influencing factors that shaped the industry. Starting with the Wright Flyer, the book details the early conventions and regulatory framework, the development of the commercial airline industry through the 1930s, World War II and the Chicago Convention, that created the current regulatory framework of the industry. The book then goes into the regulated and protectionist era and developments that eventually led to the deregulation and liberalization of the industry. At this point, the industry transcended from heavy government involvement to an industry driven by economic factors. Following this change, the industry experienced unprecedented growth leading to the formation of the so-called Sixth Freedom airlines, the airline alliances and the low-cost and ultra-low-cost carriers. This book is an excellent guide to how the airline industry evolved into what it is today.


Up in the Air

Up in the Air

Author: Greg J. Bamber

Publisher: Cornell University Press

Published: 2013-07-15

Total Pages: 237

ISBN-13: 0801457092

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"And you thought the passengers were mad. Airline employees are fed up, too-with pay cuts, increased workloads and management's miserly ways, which leave workers to explain to often-enraged passengers why flying has become such a miserable experience."—New York Times, December 22, 2007When both an industry's workers and its customers report high and rising frustration with the way they are being treated, something is fundamentally wrong. In response to these conditions, many of the world's airlines have made ever-deeper cuts in services and their workforces. Is it too much to expect airlines, or any other enterprise, to provide a fair return to investors, high-quality reliable service to their customers, and good jobs for their employees?Measured against these three expectations, the airline industry is failing. In the first five years of the twenty-first century alone, U.S. airlines lost a total of $30 billion while shedding 100,000 jobs, forcing the remaining workers to give up over $15 billion in wages and benefits. Combined with plummeting employee morale, shortages of air traffic controllers, and increased congestion and flight delays, a total collapse of the industry may be coming. Is this state of affairs inevitable? Or is it possible to design a more sustainable, less volatile industry that better balances the objectives of customers, investors, employees, and the wider society? Does deregulation imply total abrogation of government's responsibility to oversee an industry showing the clear signs of deterioration and increasing risk of a pending crisis?Greg J. Bamber, Jody Hoffer Gittell, Thomas A. Kochan, and Andrew von Nordenflycht explore such questions in a well-informed and engaging way, using a mix of quantitative evidence and qualitative studies of airlines from North America, Asia, Australia, and Europe. Up in the Air provides clear and realistic strategies for achieving a better, more equitable balance among the interests of customers, employees, and shareholders. Specifically, the authors recommend that firms learn from the innovations of companies like Southwest and Continental Airlines in order to build a positive workplace culture that fosters coordination and commitment to high-quality service, labor relations policies that avoid long drawn-out conflicts in negotiating new agreements, and business strategies that can sustain investor, employee, and customer support through the ups and downs of business cycles.


Free Flight

Free Flight

Author: James Fallows

Publisher: PublicAffairs

Published: 2008-11-05

Total Pages: 242

ISBN-13: 0786741759

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The troubles of the airline system have become acute in the post-terrorist era. As the average cost of a flight has come down in the last twenty years, the airlines have survived by keeping planes full and funneling traffic through a centralized hub-and-spoke routing system. Virtually all of the technological innovation in airplanes in the last thirty years has been devoted to moving passengers more efficiently between major hubs. But what was left out of this equation was the convenience and flexibility of the average traveler. Now, because of heightened security, hours of waiting are tacked onto each trip. As James Fallows vividly explains, a technological revolution is under way that will relieve this problem. Free Flight features the stories of three groups who are inventing and building the future of all air travel: NASA, Cirrus Design in Duluth, Minnesota, and Eclipse Aviation in Albuquerque, New Mexico. These ventures should make it possible for more people to travel the way corporate executives have for years: in small jet planes, from the airport that's closest to their home or office directly to the airport closest to where they really want to go. This will be possible because of a product now missing from the vast array of flying devices: small, radically inexpensive jet planes, as different from airliners as personal computers are from mainframes. And, as Fallows explains in a new preface, a system that avoids the congestion of the overloaded hub system will offer advantages in speed, convenience, and especially security in the new environment of air travel.


Femininity in Flight

Femininity in Flight

Author: Kathleen Barry

Publisher: Duke University Press

Published: 2007-02-28

Total Pages: 336

ISBN-13: 9780822339465

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'Femininity in Flight' considers flight attendants as cultural icons, looking at how attendants redeployed the 'glamourization' used to sell air travel to campaign for professional respect, higher wages, and women's rights.


The Rogue Aviator

The Rogue Aviator

Author: Ace Abbott

Publisher: iUniverse

Published: 2009-07

Total Pages: 191

ISBN-13: 1440156646

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This improbable aviation adventure will take you on a thirty-six year journey from five-star hotels to back alleys and greasy cargo ramps. Join the author, Ace Abbott, on a roller coaster ride of an aviation career, as he transitions from hobnobbing with international icons, like Jimmy Buffett, to bartering in order to get some critical jet fuel. The author s primary source of motivation in writing his story is the desire to share a wonderful adventure with pilots of all backgrounds who have had similar careers and to inform aspiring pilots of the unique nuances of an aviation career. Twenty-five employers later, you will get to ride on Ace's final flight in a 727 while you gain insight into the potential catastrophe of a pilot s brief but potentially fatal inattention. This aviation exposé will introduce the reader to aspects of aviation never before seen from the previously unexplored dark side of commercial aviation. The secondary theme of this book is very relevant to the current front and center news topic of aviation safety. Included in The Rogue Aviator is an insider s look at commercial aviation and the FAA. With today s focus on aviation safety and the role of the FAA to insure our safety in the air, the author addresses his thoughts on these vital areas.


Government's Place in the Market

Government's Place in the Market

Author: Eliot Spitzer

Publisher: MIT Press

Published: 2011-04-18

Total Pages: 96

ISBN-13: 0262295113

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In his first book, the former New York governor and current CNN cohost offers a manifesto on the economy and the public interest. As New York State Attorney General from 1998 to 2006, Eliot Spitzer successfully pursued corporate crime, including stock price inflation, securities fraud, and predatory lending practices. Drawing on those experiences, in this book Spitzer considers when and how the government should intervene in the workings of the market. The 2009 American bank bailout, he argues, was the wrong way: it understandably turned government intervention into a flashpoint for public disgust because it socialized risk, privatized benefit, and left standing institutions too big to fail, incompetent regulators, and deficient corporate governance. That's unfortunate, because good regulatory policy, he claims, can make markets and firms work efficiently, equitably, and in service of fundamental public values. Spitzer lays out the right reasons for government intervention in the market: to guarantee transparency, to overcome market failures, and to guard our core values against the market's unfair biases such as racism. With specific proposals to serve those ends—from improving corporate governance to making firms responsible for their own risky behavior—he offers a much-needed blueprint for the proper role of government in the market. Finally, taking account of regulatory changes since the crash of 2008, he suggests how to rebuild public trust in government so real change is possible. Responses to Spitzer by Sarah Binder, Andrew Gelman, and John Sides, Dean Baker, and Robert Johnson, raise issues of politics, ideology, and policy.


Fiscal Aspects of Aviation Management

Fiscal Aspects of Aviation Management

Author: Robert W. Kaps

Publisher: SIU Press

Published: 2000

Total Pages: 340

ISBN-13: 9780809322503

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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.