By Rigas Doganis

ISBN-10: 0203976193

ISBN-13: 9780203976197

ISBN-10: 0415084393

ISBN-13: 9780415084390

Flying off target presents a desirable and topical perception into the workings of foreign air delivery as obvious from an economist's perspective.

Show description

Read Online or Download Flying Off Course: The Economics of International Airlines, 2nd Edition PDF

Similar economy books

Paul J.J. Welfens, Franz Knipping, Suthiphand Chirathivat's Integration in Asia and Europe: Historical Dynamics, PDF

Broadening and deepening of monetary and political integration are hallmarks of the ecu and ASEAN. This e-book significantly analyses the commercial and institutional alterations in either Europe and Asia. there's enormous power for instability, yet one additionally unearths local progress possibilities. Comparative coverage research and assessment of assorted cooperation techniques are offered.

Building Cost Planning for the Design Team, Second Edition by Jim Smith, David Jaggar PDF

"When will i am getting it? How a lot will it expense? "For the customer, those are the 2 most crucial questions. fee making plans solutions those questions and is essential to the group engaged on the layout and development of a undertaking. This introductory textual content on development economics and value making plans offers the reader with the elemental abilities and data to function as a development expert within the sector of monetary suggestion and selection making on the venture point.

Read e-book online The Impact Of Illegal Insider Trading In Dealer And PDF

This electronic rfile is a magazine article from magazine of economic Economics, released by means of Elsevier in 2004. the object is added in HTML structure and comes in your Amazon. com Media Library instantly after buy. you could view it with any internet browser.
We study insider buying and selling in expert and broker markets, utilizing the trades of inventory agents who had improve copies of a inventory research column in enterprise Week journal. we discover that raises in fee and quantity ensue after educated trades. in the course of proficient buying and selling, marketplace makers reduce intensity. intensity falls extra at the NYSE and Amex than at the Nasdaq. Spreads elevate at the NYSE and Amex, yet now not at the Nasdaq. we discover none of those pre-release alterations in a nontraded keep an eye on pattern of shares pointed out within the column. Our effects exhibit that insider buying and selling has a destructive impression on industry liquidity; intensity is a vital device to regulate uneven details probability; and expert markets are larger at detecting trained trades.

Additional resources for Flying Off Course: The Economics of International Airlines, 2nd Edition

Sample text

This provided the framework for the orderly and safe development of international air transport. It did this through its various articles and the annexes (mentioned earlier), which deal with every aspect of the operation of aircraft and air services both in the air and on the ground. The Convention also set up the International Civil Aviation Organization (ICAO), an intergovernmental agency which provided the forum for further discussion of key aviation issues and the basis for the worldwide coordination of technical and operational standards and practices.

However, it was often argued that three features of the IATA traffic conference system safeguarded the interests of the public and the consumers and prevented the airlines’ cartel from abusing its power. These were: first, a de facto ban on any kind of capacity regulation; second, the ‘unanimity rule’ mentioned above; and third, the fact that IATA fare agreements had to be approved by the respective governments. In theory, since IATA was not in a position to restrict capacity or control entry, it would be difficult for the airlines to extract monopoly profits by fixing both fares and output at the appropriate levels.

Its agreements include one with Thai International, covering air services between Thailand and Malaysia. More commonly, airlines contract ‘revenue-sharing’ pools in which all revenue on a route or sector is shared by the participating airlines in proportion to the capacity they offer on the route. In a two-airline pool, each airline will normally want a half share of the revenue and hence will expect to provide half the capacity. Imbalances in capacity may be permitted by mutual agreement if one carrier cannot or does not wish to increase its own capacity.

Download PDF sample

Flying Off Course: The Economics of International Airlines, 2nd Edition by Rigas Doganis

by Edward

Rated 4.00 of 5 – based on 21 votes