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Foundations of Airport Economics and Finance
Shows how to understand and utilize key economic indicators to improve airport financial performance
Hans-Arthur Vogel (Author)
9780128105283, Elsevier Science
Paperback, published 22 March 2019
330 pages
22.9 x 15.1 x 2.1 cm, 0.54 kg
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.
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
Subject Areas: Aerospace & aviation technology [TRP], Finance [KFF]
