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OverviewFull Product DetailsAuthor: Eva-Maria Cronrath (European Centre for Aviation Development, Germany)Publisher: Taylor & Francis Ltd Imprint: Routledge Weight: 0.657kg ISBN: 9781138731967ISBN 10: 113873196 Pages: 342 Publication Date: 30 June 2017 Audience: College/higher education , Postgraduate, Research & Scholarly , Undergraduate Format: Hardback Publisher's Status: Active Availability: In Print This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsContents List of Figures List of Tables Foreword by Peter-M. Milling Foreword by R. John Hansman Preface 1. The airline profit cycle as a persistent phenomenon 1.1. The development of airline traffic and cyclic financial results 1.2. Consequences of the airline profit cycle 1.3. Research objective and approach 2. Potential causes of the airline profit cycle 2.1. Literature review on business cycle drivers 2.2. Systems literature on cyclical dynamics 2.3. Existing airline profit cycle research 2.4. Industry practitioners’ views on airline profit cyclicality 2.5. Categorisation of airline profit cycle drivers 3. System Dynamics model of airline industry profit development 3.1. Need for a System Dynamics analysis 3.2. Outline of the airline profit cycle model 3.3. Decision design and mechanisms in the model 3.4. Validation of model structure 3.5. Calibration of the model for the U.S. airline industry 3.6. Confidence in the model’s behaviour and results 4. Examination of airline profitability dynamics in model experiments 4.1. Identification of cycle origin area 4.2. Approach to scenario analysis and sensitivity assessment 4.3. Influence of general economic factors on airline profits 4.4. Impact of airline industry environment on airlines’ financial performance 4.5. Airlines’ behaviour as driver of cyclicality 4.6. Main causes and dynamics constituting the airline profit cycle 5. Conclusions for the airline industry 6. References 7. Appendix 7.1. Appendix A: Cost classification 7.2. Appendix B: Background information ATA Cost Index 7.3. Appendix C: Airline profit cycle model data and equations IndexReviewsAuthor InformationEva-Maria Cronrath is Executive Assistant to the Executive Board Member for Aeronautics, German Aerospace Center (DLR), Germany. Tab Content 6Author Website:Countries AvailableAll regions |