Airport Economics

This book provides a comprehensive guide to the economics of airports for managers, regulators, and educators in the aviation industry. It explains the cost structures of airports, how charges are determined, and how they vary across airports. It also discusses the trend towards privatization and regulation, the problems of limited capacity, and the environmental impacts of airports. It is written for airport and airline managers, regulators, and students and will suit Bachelors and Masters programs on air transport management.

Format: Hardback
Length: 198 pages
Publication date: 27 July 2023
Publisher: Taylor & Francis Ltd

This comprehensive guide to the economics of airports is a valuable resource for managers, regulators, and educators in the aviation industry. Authored by three renowned experts, the book is designed to be accessible and relevant to a wide range of individuals, including those currently working in the industry or aspiring to do so. It serves as an ideal entry point for gaining a deeper understanding of the underlying economics of airports, which are essential components of the air transport system.

The book begins by exploring the cost structures of airports, shedding light on the factors that determine their operational costs. It then proceeds to examine how airports determine their charges, considering the various factors that influence these pricing decisions. The text explains how charges at different airports can vary, whether due to differences in traffic types, input prices, production methods, or efficiency levels. It further explores the trend towards privatization in the airport industry and discusses the regulatory structures that have been put in place to oversee these operations.

The book delves into the challenges of limited capacity at airports and explores the solutions employed through slot allocation and charging systems. It also examines the long-term solution of investing in airports, discussing the controversies surrounding this approach and the strategies for achieving effective investment. Additionally, the book addresses the environmental impacts of airports and the issues they pose for managers, encompassing both the well-known problems of airport noise and the growing recognition of the impacts of air transport on climate change. It explores the roles that airports play in mitigating these consequences.

Written specifically for airport and airline managers, regulators, and students, this book offers valuable insights into the economics of airports. It serves as a comprehensive reference for Bachelors and Masters programmes in air transport management, providing a thorough understanding of the key principles and practices related to airport operations and management.

Dimension: 234 x 156 (mm)
ISBN-13: 9780367742782