By John G. Wensveen
Now in its 6th version, "Air Transportation" through John Wensveen is a confirmed textbook that gives a entire advent to the speculation and perform of air transportation management.In addition to explaining the basics, this booklet now takes the reader to the forefront of the self-discipline, utilizing previous and current developments to forecast destiny demanding situations the may well face and inspiring the reader to actually take into consideration the selections a supervisor implements. The 6th variation comprises up to date fabric on airline passenger advertising, hard work family, financing and heightened safety precautions.Arranged in sharply concentrated components and obtainable sections, the exposition is obvious and reader-friendly. "Air Transportation" is appropriate for the majority aviation courses that characteristic company and administration. Its available constitution and magnificence make it hugely compatible for modular classes and distance studying programmes, or for self-directed learn and carrying on with own expert improvement.
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Extra info for Air Transportation: A Management Perspective
Sample text
Because high interest rates raise the cost of borrowing, they can also make aircra financing prohibitive. In addition, inflation can result in escalating labor and fuel costs. When this happens, airlines are faced with the unpleasant choice of either absorbing those higher costs or raising their fares. Inflation has grounded the airline industry on more than one occasion. In 1970, 1973, 1978, and 1991, air carriers faced rising fuel and labor costs. During those same years, inflation also plunged the major world economies into a recession, causing air traffic and airline profits to decline.
Certain values are associated with this timeliness: 1. Quicker on-the-spot decisions and action 2. Less fatigue associated with travel 3. Greater mobility and usefulness of trained, experienced executives, engineers, technicians, troubleshooters, and sales personnel 4. Decentralized production and distribution 5. The ability to expand market areas through more efficient use of management and sales personnel To visualize a world without modern air transportation, consider the world of 1940, when surface transportation was still in its prime and air transportation was in its infancy.
Both manufacturers are going head-to-head on development of new aircra technology that will revolutionize the future of air transportation. Airbus is launching the A350 in response to Boeing’s B787 Dreamliner. Both aircra are being developed with twin-engines capable of flying 250 to 300 passengers on long distance routes at costs much less than today’s modern aircra . Both aircra will be light in weight consisting of composite materials amounting to significant decreases in fuel costs. Although the cost of developing new airplanes is enormous, the cost of not moving ahead is even greater.