Author: Robert W. Kaps
Publisher: SIU Press
ISBN: 9780809322503
Category : Business & Economics
Languages : en
Pages : 340
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Book Description
Although introductions to courses in finance exist for a variety of fields, Robert W. Kaps provides the first text to address the subject from an aviation viewpoint. Relying on his vast experience--twenty-plus years in the airline industry and more than thirty years in aviation--Kaps seeks not only to prepare students for careers in the aviation field but also to evoke in these students an excitement about the business. Specifically, he shows students how airlines, airports, and aviation are financed. Each chapter contains examples and illustrations and ends with suggested readings and references. Following his discussion of financial management and accounting procedures, Kaps turns to financial management and sources of financial information. Here he discusses types of business organizations, corporate goals, business ethics, maximizing share price, and sources of financial information. Kaps also covers debt markets, financial statements, air transport sector revenue generation, and air transport operating cost management, including cost administration and labor costs, fuel, and landing fees and rentals. He describes in depth air transport yield management systems and airport financing, including revenues, ownership, operations, revenue generation, funding, allocation of Air Improvement Program funds, bonds, and passenger facility charges. Kaps concludes with a discussion of the preparation of a business plan, which includes advice about starting and running a business. He also provides two typical business plan outlines. While the elements of fiscal management in aviation follow generally accepted accounting principles, many nuances are germane only to the airline industry. Kaps provides a basic understanding of the principles that are applicable throughout the airline industry.
Author: Ralf Günther
Publisher: Springer
ISBN: 3658240946
Category : Business & Economics
Languages : en
Pages : 262
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Book Description
Airlines follow different strategies of aircraft sourcing and financing. Basic decisions include the choice of buy versus lease and long term versus short term acquisition of aircraft. Additional fleet and fleet planning characteristics include the desired fleet size, average aircraft age, or possible surplus in capacity. Do these variables have an impact on financial success? Taking the perspective of a shareholder, the author uses multivariate regression methodology to evaluate abnormal returns in stock market's reaction to the terrorist attacks on September 11, 2001, the Financial Crisis 2008, and to aircraft accidents and aircraft orders 1994–2009. In further regression analyses the relationship of fleet variables to a company's revenue growth and profitability is examined. Potential readerships include researchers and practitioners with interest in how decisions could be taken in favor of shareholders in an aircraft fleet planning context.
Author: Robert W. Kaps
Publisher: SIU Press
ISBN: 0809390019
Category : Business & Economics
Languages : en
Pages : 386
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Book Description
In this textbook designed for courses on aviation labor relations, the authors-experts with many years of experience in these sectors-examine and evaluate the labor process for all aspects of the aviation and aerospace industries, including aerospace manufacturing, airlines, general aviation, federal and state administrative agencies, and public airports. Divided into three parts-Public Policy and Labor Law; Principles, Practices and Procedures in Collective Bargaining and Dispute Resolution; and the Changing Labor Relations Environment-the book provides an overview of the industries and the development of US labor law and policy, then explores the statutory, regulatory, and case laws applicable to each industry segment before concluding with an examination of current and developing issues and trends. The authors present the evolution of aviation and aerospace labor laws, going as far back as the early nineteenth century to lay the historical foundation, and cover the development and main features of the principal statutes governing labor relations in the United States today, the Railway Labor Act, the National Labor Relations Act, and the Civil Service Reform Act. They also investigate the growth of the industries and their impact on labor relations, as well as the current issues and challenges facing management and labor in each segment of this dynamic, sometimes volatile, business and their implications for collective bargaining. Twenty case studies not only illuminate practical applications of such fundamental concepts as unfair labor practices and unions' duty of fair representation but also enliven the subject, preparing the reader to use the concepts in real-world decision making. A study guide with review questions, online assignments, supplemental readings, and exercises is available for students. For those teachers using the textbook in their courses, there is an instructor's manual with additional resources for developing courses in the classroom, online, or by blended learning, as well as a variety of assignments and materials to enhance and vary the mock negotiation exercise. A revision and expansion of Robert W. Kaps's Air Transport Labor Relations, this outstanding new volume provides students and teachers with valuable information and perspectives on industries that are highly dependent on technologically skilled labor. Labor Relations in the Aviation and Aerospace Industries offers a sweeping and thorough treatment of labor relations, public policy, law, and practice and is the definitive work on the labor process in the aviation and aerospace sectors.
Author: Professor Dr. Vijayakumaran Kathiarayan
Publisher: Mahi Publication
ISBN: 939558176X
Category : Antiques & Collectibles
Languages : en
Pages : 262
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Book Description
The global financial system is the worldwide framework of legal agreements, institutions, and both formal and informal economic actors that together facilitate international flows of financial capital for purposes of investment and trade financing. Since emerging in the late 19th century during the first modern wave of economic globalization, its evolution is marked by the establishment of central banks, multilateral treaties, and intergovernmental organizations aimed at improving the transparency, regulation, and effectiveness of international markets. In the late 1800s, world migration and communication technology facilitated unprecedented growth in international trade and investment. At the onset of World War, I, trade contracted as foreign exchange markets became paralyzed by money market illiquidity. Countries sought to defend against external shocks with protectionist policies and trade virtually halted by 1933, worsening the effects of the global Great Depression until a series of reciprocal trade agreements slowly reduced tariffs worldwide. Efforts to revamp the international monetary system after World War II improved exchange rate stability, fostering record growth in global finance.
Author: David Timothy Duval
Publisher: Routledge
ISBN: 1317183304
Category : Business & Economics
Languages : en
Pages : 331
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Book Description
Air transport in the Asia Pacific has undergone significant transformation in the last three decades. What was once a region in the shadow of larger and more prosperous continents such as North America and Europe is now at the forefront of expansion in commercial air-service networks, frequency and capacity, and the overall growth in the contribution of air transport to economies on regional and, in many cases, individual country levels. Despite this, it represents an area that is generally under-represented in the commercial air-transport academic literature. Air Transport in the Asia Pacific seeks to fill this gap. Against this context, the aim of the volume is to offer a contemporary snapshot of current academic research into commercial air transport in the Asia Pacific. While one volume cannot realistically address the complete range of identifiable issues, this book provides timely, specific and research-based studies authored by leading academics and practitioners.
Author: Henry R. Lehrer
Publisher: Purdue University Press
ISBN: 1557536856
Category : Business & Economics
Languages : en
Pages : 233
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Book Description
With air travel a regular part of daily life in North America, we tend to take the infrastructure that makes it possible for granted. However, the systems, regulations, and technologies of civil aviation are in fact the product of decades of experimentation and political negotiation, much of it connected to the development of the airmail as the first commercially sustainable use of airplanes. From the lighted airways of the 1920s through the radio navigation system in place by the time of World War II, this book explores the conceptualization and ultimate construction of the initial US airways systems.The daring exploits of the earliest airmail pilots are well documented, but the underlying story of just how brick-and-mortar construction, radio research and improvement, chart and map preparation, and other less glamorous aspects of aviation contributed to the system we have today has been understudied. Flying the Beam traces the development of aeronautical navigation of the US airmail airways from 1917 to 1941. Chronologically organized, the book draws on period documents, pilot memoirs, and firsthand investigation of surviving material remains in the landscape to trace the development of the system. The author shows how visual cross-country navigation, only possible in good weather, was developed into all-weather "blind flying." The daytime techniques of "following railroads and rivers" were supplemented by a series of lighted beacons (later replaced by radio towers) crisscrossing the country to allow nighttime transit of long-distance routes, such as the one between New York and San Francisco. Although today's airway system extends far beyond the continental US and is based on digital technologies, the way pilots navigate from place to place basically uses the same infrastructure and procedures that were pioneered almost a century earlier. While navigational electronics have changed greatly over the years, actually "flying the beam" has changed very little.
Author: Peter S. Morrell
Publisher: Routledge
ISBN: 1351163140
Category : Business & Economics
Languages : en
Pages : 263
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Book Description
Air transport industry finance, with its complexity and special needs such as route rights, airport slots, aircraft leasing options and frequent flyer programmes, requires specific knowledge. While there are numerous financial management and corporate finance texts available, few of these provide explanations for the singularities of the airline industry with worked examples drawn directly from the industry itself. Revised and updated in its third edition, this internationally renowned and respected book provides the essentials to understanding all areas of airline finance. Designed to address each of the distinct areas of financial management in an air transport industry context, it also shows how these fit together, while each chapter and topic provides a detailed resource which can be also consulted separately. Supported at each stage by practical airline examples, it examines the financial trends and prospects for the airline industry as a whole, contrasting the developments for the major regions and airlines. Important techniques in financial analysis are applied to the airline industry, together with critical discussion of key issues. Thoroughly amended and updated throughout, the third edition reflects the many developments that have affected the industry since 2001. It features several important new topics, including Low Cost Carriers (LCCs), fuel hedging and US Chapter 11 provisions. The sections on financial statements and privatisation have been expanded, and a new chapter has been added on equity finance and IPOs. New case studies have been added, as well as the latest available financial data. The range and perspective is even greater than before, with significant expansion of material specific to the US and Asia. The book is a key resource for students of airline management, and a sophisticated and authoritative guide for analysts in financial institutions and consultancies, executives in airlines and related industries, and civil aviation departments.
Author: Hans-Arthur Vogel
Publisher: Elsevier
ISBN: 0128105283
Category : Transportation
Languages : en
Pages : 330
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Book Description
Foundations of Airport Economics and Finance analyzes the impact key economic indicators play on an airport's financial performance. As rapidly changing dynamics, including liberalization, commercialization and globalization are changing the nature of airports worldwide, this book presents the significant challenges facing current and future airports. Airports are evolving from quasi-monopolies to commercial companies operating in a global environment, with ever-increasing passenger and cargo volumes and escalating security costs that put a greater strain on airport systems. This book highlights the critical changes that airports are experiencing, providing a basic understanding of both the economic and financial aspects of the air transport industry.
Author: United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Aviation
Publisher:
ISBN:
Category : Aids to air navigation
Languages : en
Pages : 136
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Book Description
Author: Umut Ataman
Publisher: Entropol
ISBN:
Category : Reference
Languages : en
Pages : 704
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Book Description
In the realm of civil aviation, the sky is hardly the limit. It’s the starting line. Each day, countless professionals and enthusiasts alike engage with this dynamic sector, propelling humanity literally into new horizons. However, as we soar into these vast expanses, the necessity for a robust understanding and a shared language becomes not just beneficial, but vital. It's here that The Dictionary of Civil Aviation finds its wings, offering a solid ground of knowledge amidst the boundless skies of aviation exploration. With a reservoir of 4,681 meticulously curated entries, this dictionary stands as a testament to the colossal body of knowledge that civil aviation encompasses. It's an endeavor to foster a shared understanding, to bridge the knowledge gaps that might exist between a seasoned aviator and an aviation student, between air traffic controllers and airport managers, or between aviation policymakers and enthusiasts. The Dictionary of Civil Aviation is more than just a glossary; it’s a journey. A journey through the technicalities that ensure safety in the skies, the regulations that govern our airways, the acronyms that punctuate aviation communication, and the innovations that continue to drive this sector forward. Each term encapsulated in this dictionary is a node in the vast network that is civil aviation, offering readers a structured pathway through the complex, yet exhilarating world of flight. The objective is clear: to foster a culture of continuous learning and shared understanding within the civil aviation community. By doing so, we not only enhance the safety and efficiency of civil aviation but also honor the spirit of exploration and innovation that has always been its hallmark. As you flip through the pages of The Dictionary of Civil Aviation, you are not just encountering definitions; you are engaging with the living, evolving entity that is civil aviation. Each term is a window into a broader narrative, a narrative that you, as a reader and as a member of the civil aviation community, contribute to. We invite you to embark on this educational expedition, to delve into the nuances of civil aviation, and to emerge with a richer understanding and appreciation of the sector that makes global connectivity possible. Through this dictionary, may your curiosity take flight, and may your understanding of civil aviation soar to new heights.
