An Introduction to Airline Economics

William O'Connor's concise text on issues involved in the modern airline industry should serve as a valuable guide and reference to students interested in pursuing careers in aviation mangement. The author examines economic principles and concepts and how they relate to the daily operations of airline companies without using the often complicated and confusing tools of quantitative applications. This book is an excellent qualitative analysis of the usefulness of economic concepts to study the important functions of air transport and how the efficient utilization of limited resources and choices may yield optimal results for air carriers. While this book is not intended as a detailed technical analysis of the airline industry, it can serve as a useful introductory text to help students familiarize themselves with relevant concerns and issues impacting the current state of air travel and the importance of aviation to any economic system. The student need not have a strong desire to study economics to understand and to appreciate the economic principles that O'Connor discusses throughout his text. The references that the author uses are quite impressive and should stimulate the student to do further research for his/her own personal interests. As an instructor of economics, I would highly recommend this text to students interested in aviation management,who wish to have a cursory exposure to economic principles and their relevance to the aviation industry. The book is straightforward and comprehensible and will serve as a useful guide that may motivate students to appreciate the significance of the airline industry to the economic growth and well-being of any country.

This is an excellent book about Business Strategy and Economics in the airline environment. It explains, in detail, the traditional points and current trends happening in a fast-paced and ever-changing industry.I must reject the poor review given by another reader. I have a significant level of training and experience in the airline industry. Mr. O'Connor possesses exceptional credentials and this particular book is considered part of a group of classic educational material for the serious student and aspiring aviation manager to read.There are many books written about aviation and airlines. This one connects the economic terms, definitions and business strategies together, as it relates to the airline industry.One final point. This book goes out of circulation and it is difficult to get. Get it while you can!