The break-up of BAA and the blocked takeover of Bratislava airport by the competing Vienna airport have brought the issue of airport competition to the top of the agenda for air transport policy in Europe. Airport Competition reviews the current state of the debate and asks whether airport competition is strong enough to effectively limit market power. It provides evidence on how travellers chose an airport, thereby altering its competitive position, and on how airports compete in different regions and markets. The book also discusses the main policy implications of mergers and subsidies.

This book aims to provide comprehensive coverage of the field of air transportation, giving attention to all major aspects, such as aviation regulation, economics, management and strategy. The book approaches aviation as an interrelated economic system and in so doing presents the “big picture” of aviation in the market economy. It explains the linkages between domains such as politics, society, technology, economy, ecology, regulation and how these influence each other. Examples of airports and airlines, and case studies in each chapter support the application-oriented approach. Students and researchers in business administration with a focus on the aviation industry, as well as professionals in the industry looking to refresh or broaden their knowledge of the field will benefit from this book.

This groundbreaking book offers a critical and wide-ranging assessment of the global air transport liberalization process over the past 40 years. This compilation of world experts on air transport economics, policy, and regulation is timely and significant, considering that air transport is currently facing a series of new challenges due to technological changes, the emergence of new markets, and increased security concerns.

When predicting the future of air traffic development, it is imperative for researchers and planners tohave the most accurate information about airport capacity constraints. Airport capacity constraintsand strategies for mitigation: A global perspective analyses airport capacity constraints with empiricalmethods that forecast future capacities and capacity shortfalls.The book discusses in detail the importance of airport capacity constraints on air traffic development,especially for international hubs, along with mitigation strategies for already congested airports. It analysesempirical data to provide greater insight into the problems of airport congestion and capacity shortage.The authors present detailed global traffic forecasts for the years 2030 and 2040, and mitigation strategiesfor overcoming the problem of limited airport capacity.As expanding current airports becomes increasingly difficult, and time consuming - especially for hubs- the study of current and future airport capacity constraints becomes ever more needed. This bookprovides detailed information about how to correctly assess and quantify the problem of limited airportcapacity, while offering strategies for overcoming these issues for a healthy global air traffic network.

Green Aviation is the first authoritative overview of both engineering and operational measures to mitigate the environmental impact of aviation. It addresses the current status of measures to reduce the environmental impact of air travel. The chapters cover such items as: Engineering and technology-related subjects (aerodynamics, engines, fuels, structures, etc.), Operations (air traffic management and infrastructure) Policy and regulatory aspects regarding atmospheric and noise pollution. With contributions from leading experts, this volume is intended to be a valuable addition, and useful resource, for aerospace manufacturers and suppliers, governmental and industrial aerospace research establishments, airline and aviation industries, university engineering and science departments, and industry analysts, consultants, and researchers.

This book provides indispensable knowledge for practitioners in aircraft financing. It presents an innovative framework that treats valuation analysis as a systematic effort in problem-solving directed at rational financial decision-making. It incorporates much of the modern approach to financial investment decision-making. It proposes essential tools of flexibility, adaptability, and commonality of aircraft financial analyses that apply to an almost infinite variety of valuation problem situations. Once these connections have been introduced, the reader will be equipped with an understanding of the underlying concepts of aircraft valuation processes and techniques and the subsequent financing alternatives available to fund aircraft assets. This is an essential book for airline professionals, aircraft leasing companies, consultants, bankers, government officials, and students of aircraft finance. It is an approachable resource for those without a formal background in finance.

Air Transport and the Environment provides an overview of the main issues relating to aviation environmental impacts. It explains the challenge facing policymakers in terms of sustainable development, focusing on the importance of balancing the industry's economic, social and environmental costs and benefits, both for people living now and for future generations. Individual chapters review the current scientific understanding of the main aviation environmental impacts: climate change, local air pollution and aircraft noise. Various responses to those issues are also considered, including a range of policy options based on regulatory, market-based and voluntary approaches. Key concepts such as environmental capacity, radiative forcing and carbon offsetting are explained. In addition, the book emphasises the main implications of aviation environmental issues for policymakers and for the management of the air transport industry. Debates about the environmental impacts of flying often generate strongly polarised reactions, yet this book adopts a constructive approach to the subject and attempts to present the environmental issues in a clear, straightforward manner. It aims to provide a policy-relevant synthesis of a wide range of perspectives rather than advocating one particular viewpoint. Yet the central purpose of this book is to bring the sustainable development challenge facing the air transport industry to the fore, and so to inform effective policy responses. Air transport plays a critical role in supporting economies and societies that are increasingly interconnected by globalisation; this book presents the view that the vital economic and social benefits of the air transport industry should not be lost - and in fact could be distributed far more widely and equitably - but that the environmental impacts of air transport nevertheless require urgent and effective management. Air Transport and the Environment has been written primarily for professionals in the air transport industry, policymakers and regulators. It is also intended for use by academic researchers, students and others who are interested in the complex relationship between air transport and the environment.