Economics of Airlines
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€31.99
A01=Volodymyr Bilotkach
air transport
aircraft leasing
Author_Volodymyr Bilotkach
aviation sector
budget airlines
Category=KCV
Category=KJC
Category=KNG
Category=WGM
climate change
decarbonizing aviation
delayed demand
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
low-cost carriers
ultra-low cost carrier
yield management system
Product details
- ISBN 9781788218320
- Dimensions: 148 x 210mm
- Publication Date: 26 Jun 2025
- Publisher: Edinburgh University Press
- Publication City/Country: GB
- Product Form: Paperback
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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.
The third edition of this standard introduction to the economics of the airline industry has been fully updated and expanded to include new material on decarbonising aviation, aircraft leasing, the application of AI technology, changes to the international regulatory architecture, blocked mergers and the challenges facing Boeing, the cargo market, the growth of ancillary revenues, as well as further analysis of the impact of the pandemic on passenger numbers and the concept of delayed demand.
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.
Volodymyr Bilotkach is an Associate Professor at Purdue University. He is Associate Editor of the Journal of Air Transport Management and serves on the Editorial Board of Research in Transportation Economics. He has published extensively on airline economics, including airline alliances and mergers, airport regulation and the distribution of airline tickets, and has advised the European Commission on policy issues in the aviation sector.
