Straight and Level: Practical Airline Economics

Straight and Level: Practical Airline Economics


By (author) Stephen Holloway


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Hardback $136.35
  • Publisher: Ashgate Publishing Limited
  • Format: Paperback | 600 pages
  • Dimensions: 172mm x 244mm x 41mm | 1,315g
  • Publication date: 1 October 2008
  • Publication City/Country: Aldershot
  • ISBN 10: 0754672581
  • ISBN 13: 9780754672586
  • Edition: 3, Revised
  • Edition statement: 3rd Revised edition
  • Illustrations note: includes 10 b&w illustrations
  • Sales rank: 158,411

Product description

This third edition of "Straight and Level" thoroughly updates the previous edition with extensive comments on recent industry developments and emerging business models. The discussion is illustrated by current examples drawn from all sectors of the industry and every region of the world. The fundamental structure of earlier editions, now widely used as a framework for air transport management courses, nonetheless remains unchanged. Part 1 of the book provides a strategic context within which to consider the industry's economics. Part 2 is built around a simple yet powerful model that relates operating revenue to operating cost; it examines the most important elements in demand and traffic, price and yield, output and unit cost. Part 3 probes more deeply into three critical aspects of capacity management: network management; fleet management; and revenue management. Part 4 concludes the book by exploring relationships between unit revenue, unit cost, yield, and load factor."Straight and Level" has been written primarily for masters-level students on aviation management courses. The book should also be useful to final year undergraduates wanting to prepare for more advanced study. Amongst practitioners, it will appeal to established managers moving from functional posts into general management. More broadly, anyone with knowledge of the airline industry who wants to gain a deeper understanding of its economics at a practical level and an insight into the reasons for its financial volatility should find the book of interest.

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Author information

Steve Holloway is a former investment banker who has worked as an independent consultant since the early 1990s. He was educated at the London School of Economics, the University of Southern California, and Cranfield. As well as vocational qualifications in the financial services and travel industries, Steve holds advanced degrees in systems management and air transport management.

Table of contents

Foreword, Maurice Flanagan; Preface; Part 1 Strategic Context: Strategic context.; Part 2 Operating Performance Drivers: Traffic; Yield; Output; Unit cost.; Part 3 Capacity Management: Network management design; Network management scheduling; Fleet management; Revenue management.; Part 4 Operating Performance: Strategy, economics, and operating performance; References; Index.