Books > Business & Economics > Industry & industrial studies > Transport industries > Aerospace & air transport industries
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The Economics of Airlines (Paperback, 2nd New edition)
Loot Price: R757
Discovery Miles 7 570
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The Economics of Airlines (Paperback, 2nd New edition)
Series: The Economics of Big Business
Expected to ship within 9 - 15 working days
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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. In this updated and expanded new
edition Volodymyr Bilotkach explains the economic realities of the
airline industry and the challenges that the sector now faces after
the seismic impact of the Covid-19 pandemic. The impact of such a
large-scale external shock on the industry is considered across
each of its sectors and for each of its primary economic
determinants. The book also includes new material on changes to
cost structures, the pricing of add-on services, cargo, airport
slot allocation and the impact of climate change. 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.
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