Table of Contents

Contents: Preface; The evolving air transport industry; Principles of economics; Market demand analysis and demand and supply for airline services; Cost and production analysis: the general concepts; Aviation infrastructure: operations and ownership; International economics and aviation; International aviation: open skies and global alliances; Market structure and monopolistic markets; Hybrid market structure and the aviation industry; Aviation forecasting and regression analysis; Pricing policy and revenue management; Low cost, start-up airlines: a new paradigm; The economics of aviation safety and security; Index.

About the Author

Dr. Bijan Vasigh is Professor of Economics and Finance in the College of Business at Embry-Riddle Aeronautical University, Daytona Beach Florida and a Managing Director at Aviation Consulting Group, LLC. Dr. Vasigh is a member of the editorial board of Journal of Air Transport Management and Journal of Air Transportation World Wide. He worked on a NASA Research Grant on "Determination of Statewide Economic Benefits of the Small Aircraft Transportation System (SATS)." He is also a member of the Air Transport Research Society (ATRS) Global Airport Benchmarking Task Force. Dr. Thomas Tacker received a Ph.D. in Economics from the University of North Carolina and has published numerous articles on aviation and general economics both in academic journals and the popular press. Dr. Ken Fleming has extensive experience in aviation economics and operations research. He is a published and recognized expert in Aviation Economics as well as a multitude of other areas involving air traffic control and air traffic management.