Airline economics and finance
Textbook (chapter)
Chapter Title | Airline economics and finance |
---|---|
Book Chapter Category | Textbook (chapter) |
ERA Publisher ID | 3137 |
Book Title | The Routledge companion to air transport management |
Authors | Zhang, Anming (Author) and Zhang, Yahua (Author) |
Editors | Halpern, Nigel and Graham, Anne |
Page Range | 171-188 |
Series | Routledge Companions |
Chapter Number | 11 |
Number of Pages | 17 |
Year | 2018 |
Publisher | Routledge |
Place of Publication | Milton Park, United Kingdom |
ISBN | 9781138641372 |
9781315630540 | |
Web Address (URL) | https://www.taylorfrancis.com/books/e/9781317247357 |
Abstract | This chapter has surveyed the topics in the field of airline economics, including areas such as airline costs and production, airline demand and revenue management, airline financial issues, and airline profitability. The debates in these areas are explored from an economic perspective to help readers understand contemporary economic issues and challenges facing the airline industry, and to provide the airline management with an economic way of thinking in dealing with these issues. This chapter also aims to serve a purpose for air transport researchers to consider some under-researched areas where definitive answers to some interesting issues are still lacking. These include, among others, effective ways of reducing fuel cost risks such as fuel hedging and the adoption of new technologies, development of non-price competition strategies that can be used by airlines to differentiate their products, establishing new marketing strategies, and redesigning airline networks when surface transportation modes (e.g., high-speed rail) become a threat. |
Keywords | airline cost; airline demand; airline competition; airline finance |
ANZSRC Field of Research 2020 | 350901. Air transportation and freight services |
380117. Transport economics | |
Public Notes | Files associated with this item cannot be displayed due to copyright restrictions. |
Byline Affiliations | University of British Columbia, Canada |
School of Commerce | |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q4x97/airline-economics-and-finance
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