Air transport industry finance, with its complexity and special needs such as route rights, airport slots, aircraft leasing options and frequent flyer programmes, requires specific knowledge. While there are numerous financial management and corporate finance texts available, few of these provide explanations for the singularities of the airline industry with worked examples drawn directly from the industry itself. Revised and updated in its third edition, this internationally renowned and respected book provides the essentials to understanding all areas of airline finance. Designed to address each of the distinct areas of financial management in an air transport industry context, it also shows how these fit together, while each chapter and topic provides a detailed resource which can be also consulted separately. Supported at each stage by practical airline examples, it examines the financial trends and prospects for the airline industry as a whole, contrasting the developments for the major regions and airlines. Important techniques in financial analysis are applied to the airline industry, together with critical discussion of key issues.Thoroughly amended and updated throughout, the third edition reflects the many developments that have affected the industry since 2001. It features several important new topics, including Low Cost Carriers (LCCs), fuel hedging and US Chapter 11 provisions. The sections on airline revenues, costs and beta values have been expanded. New case studies have been added, as well as the latest available financial data. The range and perspective is even greater than before, with significant expansion of material specific to the US and Asia. The book is a key resource for students of airline management, and a sophisticated and authoritative guide for analysts in financial institutions and consultancies, executives in airlines and related industries, and civil aviation departments.

zlib/Engineering/Peter S. Morrell [Morrell, Peter S.]/Airline Finance_11697378.pdf

Lund Humphries Publishers Ltd

Ashgate Publishing Limited

Gower Publishing Ltd

Ashgate Pub Co

3. [rev. and upd.] ed., reprint, Aldershot, 2008

United Kingdom and Ireland, United Kingdom

3rd ed, Aldershot, UK, 2007

3 edition, May 21, 2007

lg415079

<p>Morrell (aeronautics, Cranfield U., UK) offers non-specialists an overview of airline finance management. Taking off with a review of typical cyclical trends in the industry's financial performance, he applies key techniques in financial analysis to such topics as financial statements (using British Airways as his model), valuation, privatization, planning and appraisal, sources of finance, aircraft leasing, and securitization (referring to cash flow, not security measures). The author acknowledges that the 9/11 terrorist attacks affects the industry's prospects. Includes supporting tables and graphs, and a glossary. The first edition appeared around 1996. Annotation c. Book News, Inc., Portland, OR</p> <h3>Booknews</h3> <p>Morrell (aeronautics, Cranfield U., UK) offers non-specialists an overview of airline finance management. Taking off with a review of typical cyclical trends in the industry's financial performance, he applies key techniques in financial analysis to such topics as financial statements (using British Airways as his model), valuation, privatization, planning and appraisal, sources of finance, aircraft leasing, and securitization (referring to cash flow, not security measures). The author acknowledges that the 9/11 terrorist attacks affects the industry's prospects. Includes supporting tables and graphs, and a glossary. The first edition appeared around 1996. Annotation c. Book News, Inc., Portland, OR (booknews.com)</p>

2021-02-24