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020 _a9783790820881 (ebook)
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100 1 _aCento, Alessandro.
245 1 4 _aThe airline industry :
_bchallenges in the 21st century /
_cAlessandro Cento.
260 _aHeidelberg :
_bPhysica,
_cc2009.
300 _axviii, 184 p. :
_bill., maps
366 _b20081027
490 1 _aContributions to economics
504 _aIncludes bibliographical references and index.
520 8 _aThe debate on the future of the aviation sector and the evolution of its traditional business practices is the core of this book. It aims to model the new conduct of the 'legacy' carriers in a new liberalized European market in terms of network and pricing competition with low-cost carriers.
_bThe debate on the future of the aviation sector and the viability of its traditional business practices is the core of this book. The liberalization of the EU market in the 1990s has radically modi?ed the competitive environment and the nature of airline competition. Furthermore, the new millennium began with terrorist attacks, epidemics, trade globalization, and the rise of oil prices, all of which combined to push the industry into a "perfect storm". Airline industry pro?tability has been an elusive goal for several decades and the recent events has only accentuated existing weaknesses. The main concern of ind- try observers is whether the airline business model, successful during the 1980s and 1990s, is now sustainable in a market crowded by low-cost carriers. The airlines that will respond rapidly and determinedly to increase pressure to restructure, conso- date and segment the industry will achieve competitive advantages. In this context, the present study aims to model the new conduct of the `legacy' carriers in a new liberalized European market in terms of network and pricing competition with l- cost carriers and competitive reaction to the global economic crises.
530 _aAlso available in printed form ISBN 9783790820874
533 _aElectronic reproduction.
_cAskews and Holts.
_nMode of access: World Wide Web.
650 0 _aAirlines
_xCost of operation.
650 0 _aAirlines
_xEconomic aspects.
650 0 _aPredatory pricing.
650 0 _aCompetition.
650 0 _aAirlines
_xDeregulation.
650 7 _aTransport.
_2ukslc
650 7 _aEconomics
_2thema
650 7 _aTransport industries
_2thema
650 7 _aEconomics of industrial organisation
_2thema
650 7 _aPolitical economy
_2thema
650 7 _aCentral / national / federal government policies
_2thema
650 7 _aBusiness & Management
_2thema
650 7 _aManagement & management techniques
_2thema
655 7 _2lcsh
830 0 _aContributions to economics.
856 4 0 _uhttp://www.vlebooks.com/vleweb/product/openreader?id=WestLondon&isbn=9783790820881
942 _n0
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999 _c28230
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