Airline Finance

The fifth edition of Airline Finance provides a comprehensive understanding of all areas of airline finance, with practical examples and recent data. It covers the financial trends and prospects for the airline industry, including the impacts of the banking and sovereign debt crises, re-nationalization, rating agencies, LIBOR, fuel hedging, and fuel surcharges. It is written for employees of airlines, airports, and their suppliers, and is popular for use by universities and in-house courses on air transport management.

\n Format: Paperback / softback
\n Length: 328 pages
\n Publication date: 10 June 2021
\n Publisher: Taylor & Francis Ltd
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This renowned and esteemed book, now in its fifth edition, stands as a vital resource for comprehending every facet of airline finance. Crafted with a specific focus on addressing the diverse areas of financial management within the context of the air transport industry, it also elucidates how these components interrelate, while each chapter and topic, such as aircraft leasing, offers a comprehensive guide that can be consulted independently. Throughout, practical airline examples and recent data provide valuable support, while Airline Finance delves into the financial trends and longer-term prospects for the airline industry as a whole. It juxtaposes the developments for major regions and airlines, alongside a critical examination of key issues that profoundly impact the industry. Essential techniques of financial analysis are applied to both airlines and their investors, including banks and other financial institutions.

Thoroughly revised and updated throughout, this edition has been expanded with the inclusion of two new chapters. These chapters cover significant developments that have shaped the industry, such as the impacts of the banking and sovereign debt crises on the airline sector, the emergence of re-nationalization trends in Europe, and the substantial changes associated with rating agencies and LIBOR. New chapters have also been dedicated to covering start-ups, bankruptcies, airline mergers and acquisitions (M&A), both of which play pivotal roles in enhancing airline concentration. Recognizing their enduring significance, fuel hedging and fuel surcharges have been granted their own dedicated chapter.

Looking ahead, the book offers insights into the medium- to long-term future, encompassing further concentration and government intervention (or the absence thereof) and a shift in aircraft financing towards capital. It sheds light on the evolving dynamics that will shape the airline industry's trajectory, providing valuable perspectives for professionals, policymakers, and enthusiasts alike.

\n Weight: 526g\n
Dimension: 154 x 232 x 38 (mm)\n
ISBN-13: 9780367481384\n
Edition number: 5 New edition\n