Revised and updated in its third edition, this internationally renowned and respected book provides the essentials to understanding all areas of airline finance

Includes: The Ascent of Asian Airlines (losses, cost-cutting, & consolidation in the global industry; entry, expansion, & profits in Asia); Bilateral Relations

The airline industry generates operating revenues of $172 billion in 2007, amounting to over 1% of the U.S. gross domestic product. It carried more than 700 mil

In recent years the airline industry has experienced severe volatility in earnings, with airlines recording periods of substantial profits that are closely foll