Air transport service has become an indispensable source of long distance transport for businesses and leisure travelers and for high-value-low-volume products. The significance of this transport service as a driver of economic growth is made abundantly apparent when examining the interdependence of business and air transport growth in Asia. Given the key role this region plays as a contributor to growth in the global airline transport service sector and the distinctive features of the aviation market observed, it is important to understand the economics of this sector in Asia. This volume contributes to the understanding of air transport services in Asia by presenting new research in the following four key areas in airline economics: Competition and regulatory change, passenger demand and satisfaction, industry performance, and the interdependence of airlines companies and airports. Specifically, in this volume prominent researchers in the region have examined important issues such as low cost carrier growth in Japan, competition against full service hub carriers in the Middle East, aviation market liberalization in Central Asia, high-speed-rail and airline competition in China, air transport and tourism in Asia and Australia, airline performance and outsourcing, airports development, and airport-airline cooperation. These rigorous studies contributes to a better understanding of the aviation market in Asia, allowing better decisions to be made by industry leaders and government agencies. This book also serves as an excellent reference book for researchers in the transport and logistics industry, and postgraduate students in the disciplines of applied economics, industrial organization, corporate strategy and public policy.

This proceedings book selects a great deal of research achievements in industrial restructuring strategy, industrial organization, industrial policy, departmental economic research, industrial competitiveness, regional industrial structure, national industrial economic security theory, and empirical research, and it emphasizes on combining theory with practice. With the economic globalization, there have been many new phenomena, new situations, and new challenges in the industries in many countries. The proceedings aim to discuss the problems in industrial economics and industrial security theories and practices. It is the documentation of the conference “9th International Conference on Industrial Economics System and Industrial Security Engineering”. Due to the impact of COVID-19, IEIS2022 took place online as a virtual conference.

The Belt and Road initiative is marketed by the Chinese government as the "twenty-first century maritime Silk Road" and the "Silk Road economic belt". The initiative encourages policy coordination, trade facilitation, financial integration, and transport connectivity. The Belt and Road initiative covers at least 65 countries across Asia, Africa, the Middle East, and Europe, involving 70% of the global population, 75% of world energy reserves and 55% of world GNP. Such an initiative is expected to bring significant impacts to the transport and logistics industry in the regions involved. The transport and logistics sector not only directly contributes to the production of transport and logistics services, but also provides essential inputs to other sectors such as tourism, trade, infrastructure investment and management. Therefore, it is important to jointly analyse the implications of the Belt and Road initiative to the transport and logistics sectors, the best strategies and operation practices that the industry can pursue, and the right government policies that should be implemented in relation to the initiative. This volume will be the first in Elsevier's China Transportation Series, from series editor Paul Tae-Woo Lee. If you are interested in writing or editing for the series, please contact Dr. Lee: [email protected].