
Foundations of Airport Economics and Finance
- 1st Edition - March 22, 2019
- Author: Hans-Arthur Vogel
- Language: English
- Paperback ISBN:9 7 8 - 0 - 1 2 - 8 1 0 5 2 8 - 3
- eBook ISBN:9 7 8 - 0 - 1 2 - 8 1 0 5 2 9 - 0
Foundations of Airport Economics and Finance analyzes the impact key economic indicators play on an airport’s financial performance. As rapidly changing dynamics, including… Read more
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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.
- Identifies the economic roots of airport financial performance and how the interplay of its major parameters affects profitability
- Bridges the gap between the latest airport academic research and real-world airport financial management
- Covers cases and scenarios of numerous airports from around the world
- Includes learning aids, such as chapter introductions and summaries, glossary and appendices
Air Transportation academic researchers, upper-level undergraduate and graduate students. Air Transportation practitioners, such as airport financial managers, analysts, consultants, etc. Air Transportation government officials involved with policy-making and planning
Part 1: The State of the Air Transportation Industry1. Industry Profitability2. The Structure of Airport Finances3. Operating Efficiencies
Part 2: The Nature of Airports4. Airports within the Air Transportation System5. The Changing Environment of the Airport Business6. The Metamorphosis of Airports7. Social, Environmental, and Political Impact of Airports
Part 3: Airport Economics8. Regional Location Differences9. Operational Size10. Capital Structure, Costs and Productivity11. Investment Spending12. Ownership Models13. The Regulatory Environment
Part 4: Airport Financial Management 14. The Two-Sided Nature of the Airport Business15. Economies of Scale and the Investment Cycle16. Business Diversification Implications
Part 5: Measuring and Managing Financial Performance17. Major Issues in Financial Management and Control18. Tools for Performance Analysis and Control19. Value-Based Management20. Financing Growth
- Edition: 1
- Published: March 22, 2019
- Language: English
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