The fabric of the airline industry has continued to undergo remarkable changes since the 5th edition of this classic text was published in 1995. The industry has witnessed a series of mergers and a trend toward consolidation into fewer but larger airlines. Route patterns have been reconstructed around hub cities. In contrast to the early 1990s, which saw unprecedented operating deficits, the late 1990s have seen a swing to highly profitable operations, characterized by the forming of alliances among U.S. and foreign airlines. Revised substantially to cover these changes, this book is an excellent introduction to the economics of U.S. airline services, both domestic and international.
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WILLIAM E. O'CONNNOR is Professor Emeritus of Embry-Riddle Aeronautical University, Daytona Beach, Florida. He is the author of Economic Regulation of the World's Airlines (Praeger, 1971).
"Familiarity with economic analyasis is not necessary to understand this volume...Most appropriate for academic libraries supporting strong aviation administration and economics collections."-Choice
?Familiarity with economic analyasis is not necessary to understand this volume...Most appropriate for academic libraries supporting strong aviation administration and economics collections.?-Choice
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