{"product_id":"airline-finance-paperback","title":"Airline Finance - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003ePeter S. Morrell\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eRevised and updated in its fifth 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 - for example, aircraft leasing - provides a detailed resource that can also be consulted separately. \u003c\/p\u003e \u003cp\u003eSupported at each stage by practical airline examples and recent data, \u003cem\u003eAirline Finance \u003c\/em\u003eexamines the financial trends and longer term prospects for the airline industry as a whole, contrasting the developments for the major regions and airlines together with critical discussion of key issues that affect the industry as a whole. Important techniques in financial analysis are applied to the airlines as well as their investors such as banks and other financial institutions. \u003c\/p\u003e \u003cp\u003eThoroughly amended and updated throughout, and expanded with the addition of two new chapters, the fifth edition reflects the many developments that have affected the industry, such as the impacts of the banking and sovereign debt crises on the airline industry, signs of re-nationalisation of airlines that have emerged in Europe, and the substantial changes that have occurred in connection with rating agencies and LIBOR. New start-ups and bankruptcies are covered for the first time in a new chapter, joined by airline mergers and acquisitions (M\u0026amp;A), both playing a role in airline concentration. Reflecting their status as a permanent feature, fuel hedging and fuel surcharges now also have their own chapter. The medium- to long-term future in terms of further concentration and government intervention (or the lack of it) and a shift in aircraft financing towards capital markets are discussed in the final chapter.\u003c\/p\u003e \u003cp\u003eThe book is written for employees of airlines, airports and their suppliers, and investment bank and other analysts. It is also popular for use by universities and in-house courses on air transport management, within both academia and industry.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003ePeter S. Morrell\u003c\/strong\u003e graduated in economics from Cambridge University and subsequently gained a master's degree in air transportation from the Massachusetts Institute of Technology, where he worked on NASA-sponsored research into airline forecasting and profitability. He has a doctorate in airline capital productivity from Cranfield University. He initially worked with merchant bank Lazard Brothers, in the City, before joining the Association of European Airlines in Brussels as an economist in 1971. He worked as an air transport consultant from 1978 to 1991, when he joined Cranfield's Department of Air Transport, retiring in 2011. \u003c\/p\u003e\u003cp\u003eHe is a former head of the Department of Air Transport at Cranfield University, where he had a chair in air transport economics and finance. He is now an independent aviation advisor and a visiting professor at Cranfield University, and is on the editorial board of the \u003ci\u003eJournal of Air Transport Management\u003c\/i\u003e and \u003ci\u003eTourism Economics\u003c\/i\u003e. He is the author of \u003ci\u003eAirline Finance\u003c\/i\u003e (the fifth edition of which will be published in 2021, and a Chinese edition in 2007), \u003ci\u003eMoving Boxes by Air: The Economics of International Air Cargo\u003c\/i\u003e, second edition with Thomas Klein (2018), and has written many papers for both academic and industry journals.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 328\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.72 x 9.21 x 6.14 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e June 10, 2021\u003c\/div\u003e\n            ","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":43158353084479,"sku":"9780367481384","price":141.89,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0105\/8226\/1823\/files\/eQQv26iHq_9780367481384.webp?v=1776989147","url":"https:\/\/dhlswag.com\/products\/airline-finance-paperback","provider":"BBB","version":"1.0","type":"link"}