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Books > Business & Economics > Industry & industrial studies > Transport industries > Aerospace & air transport industries
This book provides a snapshot of the COVID-19 pandemic situation from the perspective of the tourism, aviation and hospitality industries. The book analyzes the challenges and possible strategies for recovery to meet the urgent needs of the industry to deal with this catastrophic health crisis. A good part of the book discusses the negative effect of the pandemic to these industrial sectors and the strategies to reduce it. The book also explores other aspects of the tourism and hospitality development as the base for recovery such as applying more flexible business models, understanding the resident's perception and emotion experience, strengthening the human resource management, and improving the destination image for marketing, etc. Some long-term issues are also discussed such as management education and environment protection education. The book is highly recommended for tourism and aviation researchers, policy makers, industry practitioners, and graduate students. This book is a collection of selected papers from the 10th International Conference on Tourism and Hospitality between China and Spain (www.china-spain.org).
The Evolution of the US Airline Industry discusses the evolution of the hub-and-spoke network system and the associated price discrimination strategy, as the post-deregulation dominant business model of the major incumbent airlines and its breakdown in the early 2000s. It highlights the role that aircraft a" as a production input a" and the aircraft manufacturers' strategy have played in shaping this dominant business model in the 1990s. Fierce competition between Airbus and Boeing and plummeting new aircraft prices in the early 2000s have fueled low-cost competition of unprecedented scope, that destroyed the old business model. The impact of the manufacturers' strategy on these trends has been overlooked by industry observers, who have traditionally focused on the demand for air travel and labor costs as the most critical elements in future trends and survivability of major network airlines. The book debates the impact and merit of government regulation of the industry. It examines uncertainty, information problems, and interest group structures that have shaped environmental and safety regulations. These regulations disregard market signals and deviate from standard economic principles of social efficiency and public interest. The Evolution of the US Airline Industry also debates the applicability of traditional antitrust analysis and policies, which conflict with the complex dynamics of real-life airline competition. It questions the regulator's ability to interpret industry conduct in real time, let alone predict or change its course towards a "desirable" direction. The competitive response of the low-cost startup airlines surprised many antitrust proponents, who believedthe major incumbent airlines practically blocked significant new entry. This creative market response, in fact, destroyed the major incumbents' power to discriminate pricing a" a task the antitrust efforts failed to accomplish.
Perspectives on International Financial Reporting and Auditing in the Airline Industry draws on the framework of financial reporting in the global airline industry for the year 2018 and focuses on the airline financial reporting based on International Financial Reporting Standards (IFRSs) and audit of airline financial reporting based on International Standards on Auditing (ISAs). Contributing to the accounting policy choice debate from a sector-specific perspective, this book considers the existing policy choices under IFRSs, in order to observe the diversity, and comparability in the airline industry. It analyses the cumulative of effect of the adoption of IFRS 15 Revenue from Contracts with Customers and IFRS 16 Leases in the airline industry, including the case of Air France - KLM and it takes a picture of segment reporting in terms of diversity and comparability in the airline industry. Finally, it analyzes audit reports of airlines reporting under IFRS in terms of International Standards on Auditing, in terms of diversity of audit practices. This book provides valuable insights into perspectives on international financial reporting and auditing in the airline industry and is essential reading for both researchers and professionals.
This book examines an event that never happened - a trade war between the US and the EC in respect of the civil aircraft builder, Airbus Industrie. By understanding this trade dispute, the author casts light on broader issues of international cooperation by focusing on the bilateral trade negotiations that took place between 1979 and 1992. He considers that role played by aerospace firms, the GATT and the transatlantic alliance in shaping this cooperative outcome.
The fabric of the airline industry has continued to undergo remarkable changes since the 5th edition of this classic text was published in 1995. The industry has witnessed a series of mergers and a trend toward consolidation into fewer but larger airlines. Route patterns have been reconstructed around hub cities. In contrast to the early 1990s, which saw unprecedented operating deficits, the late 1990s have seen a swing to highly profitable operations, characterized by the forming of alliances among U.S. and foreign airlines. Revised substantially to cover these changes, this book is an excellent introduction to the economics of U.S. airline services, both domestic and international. A college level text suitable for students without a background in economics, this book is intended for such one-semester courses as Aviation Administration, Air Transportation, and Economics of Air Transportation. Enhancing the book's value, the volume includes self-testing questions for each chapter and an appendix covering the portions of the basic transportation statute--the former Federal Aviation Act--that are pertinent to the text. Focusing exclusively on airlines--and excluding private, military, and other types of flying--this book is the only college text dealing exclusively with the economics of U.S. airlines.
Decision-making on outsourcing new product development (especially innovation projects), such as engaging and managing the supply chain, is far from easy. It may involve addressing strategic and operational risks that might cause longer development times and increase innovations costs. It is, therefore, imperative to select suppliers very carefully and set up an effective management strategy vis-Ã -vis the supply partners right from the inception phase. Supply chain management is facing enormous challenges, driven by interrelated disruptions that will have a vast and lasting impact. Based on a relevant case study, Boeing 787 Dreamliner programme, this volume offers a comprehensive overview of the decision-making models for outsourcing strategic activities. The proposed model suggests a valuable approach to outsourcing the decision-making strategies for new product development when the innovation is driven by technological innovation.
As international terrorism has grown over the past decades, airlines and airports have become increasingly popular targets for violent attacks and hijackings. In this volume, Peter St. John provides a survey of international air piracy and airline terrorism, and of the ways airline professionals and governments are coping, or attempting to cope, with the crisis. St. John not only deals with the history, politics, psychology, and sociology of air piracy, but also provides an assessment of the threat to commercial aircraft and ways to counter the danger. The principal theme he develops is that security for airports and aircraft can be achieved, and the fear of terrorists overcome, if Western countries cooperate in installing effective security policies and plans. St. John begins his work with a two-chapter history of the evolution of hijacking, tracing the five-to-seven-year cycles that seem to have emerged and the growth of the politically motivated hijacking that has become the most persistent and dangerous form. He next analyzes the eight types of individuals who have hijacked aircraft in the past, their different motives, and how they can be identified by airport security and flight crews. A major chapter discusses the politics of Western governments toward highjacking in Europe and North America, and identifies the best and worst airports around the globe. A seven-stage system of security that will probably be a necessity for the 1990s is also proposed. Ensuing chapters address the problem of the hijacked plane, offering advice for passengers and crew members who are victims of hijacking, and for government behavior, which often does more to encourage air terrorism than to preventit. Finally, St. John looks to the future of airport security and describes the need for a concentrated attempt at all levels of national and international government to develop effective defenses against air piracy. A group of appendices is also included, documenting the principal hijacks of the past forty years as well as sabotage attempts on commercial aircraft. This work will be an important reference tool for professionals in security services and the airline and airport management field, and for students in political science and international relations courses. It will also be a valuable addition to college, university, and public libraries.
This book highlights issues related to the organization and improvement of the efficiency of training system in technical operation of radio-electronic equipment currently used in civil aviation. The increasing intensity of air traffic around the world leads to a quantitative increase in old problems and the emergence of qualitatively new ones that can only be solved by trained people, whose training process should be carried out on a systematic basis. Modern approaches to improving the human resources potential of civil aviation, as a rule, are based only on modernizing the management mechanisms of the training system. One of the main advantages of this book is the unique integrated approach to building a system for training aviation personnel in the field of technical operation of radio-electronic equipment and air traffic control, which consists in taking into account various factors that affect the training of specialists, promising areas of development of civil aviation based on the analysis of various guidance documents and the construction of mathematical models that give a qualitative assessment of existing methods and the proposed new methodology. The book contains a large amount of visual illustrative material showing the existing structure of the system of training in the field of civil aviation.
Every so often an academic book comes along which is not only powerfully analytical and deeply informative but also encapsulates the author's lifetime research interests. Authored by one of the UK's most eminent economists, Keith Hartley's latest book on the aerospace industry offers the reader an authoritative and fascinating insight in to a global industry of immense economic and strategic importance. This book will be essential reading for academic scholars, government policy-makers and aerospace industry practitioners alike.' - Derek Braddon, UWE, Bristol, UK'This is an important book about an important industry. Aerospace is a highly political and politicised industry that has often seemed immune to normal commercial practices;. Professor Hartley has turned powerful set of economic tools on the sector and calls into question some of the facile arguments that have often been used to justify government support for some economically dubious projects. He is especially forthright on the problematic area of military aerospace collaboration in Europe.' - Keith Hayward, Head of Research, Royal Aeronautical Society, UK 'This is the definitive book on the political economy of the aerospace industry by the world's leading scholar on the subject. This is a must read for anyone studying defence economics or who is interested in the aerospace industry. It is clear, concise, and informative.' - Todd Sandler, University of Texas at Dallas, US Aerospace is often viewed as a key high-technology industry, important for a nation's future growth prospects and international competitiveness. This book presents an economic and political analysis of the world's aerospace industries and their performance. Keith Hartley uses examples from most of the world's significant aerospace industries, especially across the USA, UK and Europe. The emphasis on political economy reflects the continuing influence of government on the fortunes of the industry. He presents chapters on aerospace markets, technical progress, industry structure, conduct and performance, a case study of BAE Systems, public choice analysis, the case for subsidies, procuring military aircraft, international collaboration, as well as an insight into future prospects. He concludes that the future aerospace firm will be radically different, but governments will continue to dominate the industry. The Political Economy of Aerospace Industries will appeal to undergraduate and graduate students in industrial and defense economics, public choice and policy courses. It will also be of interest to researchers, policy-makers and those involved in the industry in various different capacities. Contents: Preface 1. Introduction: An Important Industry? 2. An Overview of the World Aerospace Industry 3. Aerospace Markets 4. The Economics of the Aerospace Industry 5. The Economics of Technical Progress 6. Industry Structure 7. Industry Conduct and Performance 8. A Company Case Study. BAE Systems: Achievements, Rivals and Prospects 9. A Public Choice Analysis 10. A Case for Subsidy? 11. Buying Military Aircraft 12. The Political Economy of International Collaboration: An Overview of Benefits and Costs 13. International Collaboration: The Reality 14. Future Prospects Index
As the air travel industry begins to emerge from the COVID-19 restrictions, new research must be undertaken to survey the changing business landscape. This book examines existing air travel literature, illustrates the current theories in the field, and suggests research methods for integrating them in fieldwork. The book begins by surveying the landscape of air travel research and examining key theoretical frameworks such as grounded theory, institutional theory, prospect theory and the theory of planned behaviour. It then explores when qualitative and quantitative research methods are appropriate for use in air travel research, and how they can be applied successfully. Gathered contributors from Southeast Asia and the Middle East highlight some of the latest issues, including the impacts of COVID-19 on air freight, airline catering, and passenger perceptions of security and safety. Future directions for research are also proposed. This book will appeal to researchers and postgraduate students in the fields of air transport or aviation management, tourism marketing, and consumer behaviour.
Pilot Competency and Capability presents strategies for the air carrier pilot-in-command operating complex engineered systems within a complex natural environment. It bridges the gap between academic books and practical application by providing real-world examples of how various safety and operational theories work in practice. The book advises on how to develop concepts, strategies, and ways of thinking that integrate with existing structures and FAA regulations, while understanding how engineered systems and codified structures interface with complex natural environments. It considers how the prescribed safety margins function to manage emergent behaviors of both the natural environment and the engineered systems. The book is intended for airline pilots, training captains, simulator instructors, and aviation students taking courses in aviation safety, risk management, and flight safety to improve in-flight decision-making, risk analysis, and strategic planning.
This textbook is designed for undergraduate students studying airspace engineering, as well as undergraduate and postgraduate students studying air transport management. It will also be very helpful for the training of air traffic control officers. The textbook does not require any prior (specialist) knowledge as it is an introduction to the Air Navigation Service Providers (ANSPs) business. There is very little literature available that gives a detailed appreciation of the complexities, potential risks and issues associated with the provision of air navigation services. The role of this textbook is to fill this significant gap with a comprehensive, in-depth study of the management principles related to Air Navigation Service Providers. This is particularly timely given recent ATC developments in Europe, USA, and New Zealand. Airlines and airports rely on the Air Navigation Service Providers (ANSPs) for the management of air traffic. Hence, Air Navigation Services (ANS) provision is considered as a core element for air transportation. This textbook addresses each of the Air Navigation Services' five broad categories of services provided to air traffic during all phases of operation: Air Traffic Management (ATM), Communication services, Navigation services and Surveillance services (CNS), Meteorological services for air navigation (MET), Aeronautical Information Services (AIS) and Search and Rescue (SAR). This textbook is designed for undergraduate students studying airspace engineering and undergraduate and postgraduate students studying air transport management. It will also be very helpful for the training of air traffic control officers. The textbook does not require any prior (specialist) knowledge as it is an introduction book to the Air Navigation Service Providers (ANSPs) business.
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.
No other book has addressed the subject of the regulation of international air transport in this way Acceptable to academics but also readable by a wider audience Frames the legal history of airline regulation within the wider historical context
A true revolution has rocked the space industry, as Silicon Valley and new startup companies around the world have shaken up the status quo. This has in turn triggered a hefty response among traditional aerospace companies, launching the sector into the new Space 2.0. This book explains how and why this remarkable change has happened, starting from the industry's origins during the Space Age and working its way to the present day. No other industry in the world has experienced the dramatic shift in technology and services as rapidly as the field of satellite services and rocket launch systems has. This book analyzes the dynamic shift over the past decade in how satellites are designed, manufactured, launched, and operated. It also turns an eye to the future, discussing the amazing feats and potential issues we can expect from this shifting arena by 2030. With its beginner-friendly writing style and plethora of illustrations, this book serves as a perfect introductory text to students and professionals alike wishing to learn more about the key trends in the field of space applications and launch systems.
Accessible, friendly style, accentuating real-life experiences and ground-level practicalities for those already working within or hoping for a career in the business of air logistics. Packed with personal reports from global industry leaders for revealing insights into the industry and a rounded understanding. Addresses the reality of the impacts caused by the COVID-19 pandemic, and adds new content focusing on security and crime, the role of airports and road feeder services, and the range of typical air cargo products.
aDebunks popular myths that portray the profession as glamorous,
exotic, and sexually freeing by taking readers through a typical
journey; with interviews and profiles of flight attendants.a aIn Working the Skies, Whitelegg takes the interviews and study
of a multitude of flight attendants and creates a readable,
enjoyable tale of the perils and possibilities flight attendants
face.a aBut mythological astewsa--young women living a life of sex,
drugs and never-ending voyage--is a far cry from the well
documented realities presented in Whiteleggas new book. . . . Using
a series of interviews and focus groups with flight attendants of
all ages, Whitelegg charts the arc of a profession barely seven
decades old.a aA balanced inquiry into the lives of these long-overlooked
professionals...Sharing a wealth of interesting, entertaining, and
dramatic anecdotes...Rich enough to satisfy the most curious
reader.a aWhile also providing some history, Whitelegg mostly takes a
contemporary look at the lives of flight attendants, drawn from
interviews with over 60 current and former flight attendants and
other airline workers. . . . Whitelegg's observations and use of
candid, day-in-the-life snapshots are interesting.a aA fascinating study that draws on the voices of flight
attendants to poignantly reveal the changing nature of this 24/7
occupation. After reading this important book, one will find it
difficult to observe flight attendants without concern for the
vulnerability of their careers and for the complex ways they juggle
space and time along with work and family. A greatread.a "A well-written and thorough treatment of the occupational
demands and biography of the flight attendant. Working the Skies
describes both how the work shapes the personal lives of those in
the profession, as well as how work can be 'chosen' in an effort to
craft a particular kind of life. The book also illustrates how the
process of globalization has moved the profession 'backwards' in
terms of working conditions and compensation-challenges faced by
workers in numerous other professions." Get ready for takeoff. The life of the flight attendant, a.k.a., stewardess, was supposedly once one of glamour, exotic travel and sexual freedom, as recently depicted in such films as "Catch Me If You Can" and "View From the Top," The nostalgia for the beautiful, carefree and ever helpful stewardess perhaps reveals a yearning for simpler times, but nonetheless does not square with the difficult, demanding and sometimes dangerous job of today's flight attendants. Based on interviews with over sixty flight attendants, both female and male labor leaders, and and drawing upon his observations while flying across the country and overseas, Drew Whitelegg reveals a much more complicated profession, one that in many ways is the quintessential job of the modern age where life moves at record speeds and all that is solid seems up in the air. Containing lively portraits of flight attendants, both current and retired, this book is the first to show the intimate, illuminating, funny, and sometimes dangerous behind-the-scenes storiesof daily life for the flight attendant. Going behind the curtain, Whitelegg ventures into first-class, coach, the cabin, and life on call for these men and women who spend week in and week out in foreign cities, sleeping in hotel rooms miles from home. Working the Skies also elucidates the contemporary work and labor issues that confront the modern worker: the demands of full-time work and parenthood; the downsizing of corporate America and the resulting labor lockouts; decreasing wages and hours worked; job insecurity; and the emotional toll of a high stress job. Given the events of 9/11, flight attendants now have an especially poignant set of stressful concerns to manage, both for their own safety as well as for those they serve, the passengers. Flight attendants, originally registered nurses charged with attending to passengers' medical needs, now find themselves wearing the hats of therapist, security guard and undercover agent. This last set of tasks pushing some, as Whitelegg shows, out of the business altogether.
- Uniquely, focuses on the management of airports to guide business strategy (strategic, commercial and competitive aspects of airline business) rather than airport planning and operations (Young) or economics or marketing of international airlines (Doganis). It therefore provides an innovative insight into the processes behind running a successful airport and is considered to be the best most accessible book available. - Fills a need for a new edition by being updated to reflect the reflect the major changes in strategic direction for the airline and airport industry due the most significant global crisis ever faced by this industry, Covid19 as well as technology advances and emphasis on sustainable development. - International in content and case studies. - The book is well pitched, practical and helpful to both students and academics alike. It condenses information into logical chapters and includes key information needed for teaching a module with an Airport Management focus. It provides the perfect structure and outline in teaching the subject form. - Excellent balance of theory and industry examples. Some of the other books available lack relevancy. - Written in an engaging accessible style, at an appropriate level for UG students studying this subject for the first time.
This book identifies the responsibilities of management in the regulatory territories of the FAA (USA), the EASA (European Union) and the GCAA (UAE), identifying the daily challenges of leadership in ensuring their company is meeting the regulatory obligations of compliance, safety and security that will satisfy the regulator while also meeting the fiducial responsibilities of running an economically viable and efficient lean company that will satisfy the shareholders. Detailing each responsibility of the Accountable Manager, the author breaks them down to understandable and achievable elements where methods, systems and techniques can be applied to ensure the role holder is knowledgeable of accountabilities and is confident that they are not only compliant with the civil aviation regulations but also running an efficient and effective operation. This includes the defining of an Accountable Manager "tool kit" as well as possible software "dashboards" that focus the Accountable Manager on the important analytics, such as the information and data available, as well as making the maximum use of their expert post holder team. This book will be of interest to leadership of all aviation- related companies, such as airlines, charter operators, private and executive operators, flying schools, aircraft and component maintenance facilities, aircraft manufacturers, engine manufacturers, component manufacturers, regulators, legal companies, leasing companies, banks and finance houses, departments of transport, etc; any relevant organisation regulated and licensed by civil aviation authority. It can also be used by students within a wide range of aviation courses at colleges, universities and training academies.
This authoritative new collection of 40 articles, presents the most important classics and contemporary papers on air transport. It features a comprehensive range of topics, including airline costs and productivity, pricing and yield management, competitive behaviour and strategic alliances, environmental aspects, and aviation in developing nations. Congestion and investment in airports, and regulation of airports are also covered. The articles selected cover theoretical analyses of air transport, empirical findings and discussion of policy issues such as liberalisation and deregulation of airline markets. The collection highlights current policy issues and emerging trends which will be of interest to students of transport economics, industrial organisation and regulation. It will also be a useful reference tool for policy makers and regulators, airline executives and to consultants in aviation and transport.
This book evaluates the efficiency and growth of the Ethiopian air transport sector through careful analysis. It provides essential research input for air transport industry practitioners in planning and resource management as well as for academics of advanced efficiency analysis who need to work and study in airports and the airline industry. The book analyzes the theoretical and practical implications of air transport growth determinants, airports' cost and production efficiency, including labor use efficiency by taking their respective determinant factors. The findings and policy implications of each research work provide important inputs for government policymakers and air transport planners to consider the causality of economic growth versus airlines growth and other determinants, to take lessons on the proper resource allocation in the application of airport cost and production efficiency, human capital, investment cost, price of capital, and labor inputs during the development and expansion of airports and airlines. This book is the first of its kind on the Ethiopian air transport industry and serves as a much-needed reference for the African air transport industry as well as other developing countries in terms of airport costs, production, labor use efficiency and airline growth perspectives.
Major institutional, regulatory, and structural changes have occurred in international air transport during the past two decades. Many countries have deregulated their domestic airline industries and open skies continental blocs have formed in Europe and North America A movement is now underway to create a liberalized continental bloc in Australasia. International air transport has been substantially liberalized due to the diminishing role of lATA as an industry cartel, and via a series of liberalized bilateral agreements signed between many countries, including the u.s. and UK Increased liberalization and continentalization have induced major airlines to create global service networks through inter-carrier alliances. And all these changes are intensifYing competition between major carriers in both domestic and international markets. The increased competition and economic recession in the early 1990s led many airlines to massive fmancial losses, forcing them to undertake major restructuring to improve efficiency and reduce costs. Although it is important for an airline to map out proper strategies in the globalizing airline industry, the ultimate ability of a carrier to swvive and prosper in increasingly competitive markets greatly depends on its productivity and cost competitiveness.
This book focuses on the interrelationship of social, technical, and organizational aspects of and related to the product development process. It originated from activities in practice in industry and research laboratories. In order to ensure relative autonomy from the short-term economic interests of a given industrial branch or specific company, the research for this work was first conducted in pursuit of a PhD thesis intended to provide practice-oriented results. With the ansatz practice - theory - practice, a generalizable approach was achieved. It then evolved to cover additional issues brought forth by recent cases in the aerospace industry, among others. A combination of scientific methodologies is used to focus on the psychological factors that influence the quality of technical product development processes. The basic framework is provided by the grounded theory-a qualitative approach, in which data was not only collected by this author but is extended to cases from the history of technology described in the published literature. The inclusion of historical cases is possible, thanks to the availability of sufficiently detailed descriptions for examination in terms of the grounded theory principles. They appear in the Appendix. Cases cited were verified by comparing them with contrasting viewpoints from various sources. I was able to examine and complement some cases by contacting persons associated with the programs analyzed. Quantitative studies are also integrated in this research to verify the elements resulting from the grounded theory integration.
Within the developed world, airlines have responded to the advice of advocates for corporate social and environmental responsibility (CSER) to use the intertwined dimensions of economics, society and environment to guide their business activities. However, disingenuously, the advocates and regulators frequently pay insufficient attention to the economics which are critical to airlines' sustainability and profits. This omission pushes airlines into the unprofitable domain of CSERplus. The author identifies alleged market inefficiencies and failures, examines CSERplus impacts on international competition and assesses the unintended consequences of the regulations. She also provides innovative ideas for future-proofing airlines. Clipped Wings is a treatise for business professionals featuring academic research as well as industry anecdotes. It is written for airlines (including their owners, employees, passengers and suppliers), airports, trade associations, policy makers, educators, students, consultants, CSERplus specialists and anyone who is concerned about the future of competitive airlines.
* Describes the principles of capitalism and how they can be used in the space industry to maximize creation of value for humanity. * Develops pragmatic criteria for readers to use in assessing value to humanity of initiatives and business decisions in the space industry. * Describes the world's greatest problems and how space systems may help address them with emphasis placed on how the space industry supports sustainability of humanity and the planet. * Provides all of the above in an integrated format that is accessible to readers, whether coming from technical, business, or policy backgrounds. |
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