Finance and Hedging in the Commercial Airline Industry

Download Finance and Hedging in the Commercial Airline Industry PDF Online Free

Author :
Publisher : Cambridge Scholars Publishing
ISBN 13 : 1036411478
Total Pages : 729 pages
Book Rating : 4.0/5 (364 download)

DOWNLOAD NOW!


Book Synopsis Finance and Hedging in the Commercial Airline Industry by : Tony Webber

Download or read book Finance and Hedging in the Commercial Airline Industry written by Tony Webber and published by Cambridge Scholars Publishing. This book was released on 2024-09-13 with total page 729 pages. Available in PDF, EPUB and Kindle. Book excerpt: When there is political tension or war in the Middle East or in Eastern Europe, oil and jet fuel prices shoot upward. If an airline isn’t protected against these higher prices, they can devastate its finances and send it quickly into bankruptcy. This seemingly happens on a yearly basis. Thankfully for most airlines, they are able to protect themselves against higher oil and jet fuel prices, at least in the short term, by hedging using financial instruments. The challenge for airlines is to determine which financial instruments they should use, in which products they should hedge, and how far out from fuel consumption they should hedge. This book systematically explores the different financial instruments that airlines have to choose from, and in what situations they should be used. It will also present the reader with the options airlines have in terms of manipulating operational levers in response to higher fuel prices such as airfares, capacity and fleet size, once the protective benefits of hedging wear off.

Airline Finance

Download Airline Finance PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1351163140
Total Pages : 263 pages
Book Rating : 4.3/5 (511 download)

DOWNLOAD NOW!


Book Synopsis Airline Finance by : Peter S. Morrell

Download or read book Airline Finance written by Peter S. Morrell and published by Routledge. This book was released on 2019-09-30 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 financial statements and privatisation have been expanded, and a new chapter has been added on equity finance and IPOs. 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.

Fuel Hedging and Risk Management

Download Fuel Hedging and Risk Management PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119026733
Total Pages : 312 pages
Book Rating : 4.1/5 (19 download)

DOWNLOAD NOW!


Book Synopsis Fuel Hedging and Risk Management by : Simo M. Dafir

Download or read book Fuel Hedging and Risk Management written by Simo M. Dafir and published by John Wiley & Sons. This book was released on 2016-03-11 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: A hands-on guide to navigating the new fuel markets Fuel Hedging and Risk Management: Strategies for Airlines, Shippers and Other Consumers provides a clear and practical understanding of commodity price dynamics, key fuel hedging techniques, and risk management strategies for the corporate fuel consumer. It covers the commodity markets and derivative instruments in a manner accessible to corporate treasurers, financial officers, risk managers, commodity traders, structurers, as well as quantitative professionals dealing in the energy markets. The book includes a wide variety of key topics related to commodities and derivatives markets, financial risk analysis of commodity consumers, hedge program design and implementation, vanilla derivatives and exotic hedging products. The book is unique in providing intuitive guidance on understanding the dynamics of forward curves and volatility term structure for commodities, fuel derivatives valuation and counterparty risk concepts such as CVA, DVA and FVA. Fully up-to-date and relevant, this book includes comprehensive case studies that illustrate the hedging process from conception to execution and monitoring of hedges in diverse situations. This practical guide will help the reader: Gain expert insight into all aspects of fuel hedging, price and volatility drivers and dynamics. Develop a framework for financial risk analysis and hedge programs. Navigate volatile energy markets by employing effective risk management techniques. Manage unwanted risks associated with commodity derivatives by understanding liquidity and credit risk calculations, exposure optimization techniques, credit charges such as CVA, DVA, FVA, etc.

Foundations of Airline Finance

Download Foundations of Airline Finance PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1317802497
Total Pages : 641 pages
Book Rating : 4.3/5 (178 download)

DOWNLOAD NOW!


Book Synopsis Foundations of Airline Finance by : Bijan Vasigh

Download or read book Foundations of Airline Finance written by Bijan Vasigh and published by Routledge. This book was released on 2014-11-13 with total page 641 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years the airline industry has experienced severe volatility in earnings, with airlines recording periods of substantial profits that are closely followed by periods of financial distress. This trend has continued into the new millennium, with numerous examples of airlines across the globe entering bankruptcy protection or liquidating. The text provides an introduction to both the basics of finance and the particular intricacies of airline finance where there can be significant fluctuations in both revenues and costs. This new edition also includes: capital budgeting management of current assets financial risk analysis fuel hedging aircraft leasing This textbook contains chapters that cover unique aspects of the aviation financial decision-making process. These include a rigorous and structured presentation of the buy versus lease decision that is prevalent in the industry, a valuation process for aviation assets, the recent trend toward privatization and the difficulty inherent in the valuation of a publicly-owned or semi-publicly owned asset. The Foundations of Airline Finance, now in its second edition, is an introductory text that can be used either as a general financial text or in a specialized class that deals with aviation finance in particular.

Airline Economics

Download Airline Economics PDF Online Free

Author :
Publisher : Free Press
ISBN 13 :
Total Pages : 370 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Airline Economics by : George W. James

Download or read book Airline Economics written by George W. James and published by Free Press. This book was released on 1982 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Evaluating the Performance of Merger Simulation

Download Evaluating the Performance of Merger Simulation PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis Evaluating the Performance of Merger Simulation by : Craig Peters

Download or read book Evaluating the Performance of Merger Simulation written by Craig Peters and published by . This book was released on 2003 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Airline Efficiency

Download Airline Efficiency PDF Online Free

Author :
Publisher : Emerald Group Publishing
ISBN 13 : 1785609394
Total Pages : 388 pages
Book Rating : 4.7/5 (856 download)

DOWNLOAD NOW!


Book Synopsis Airline Efficiency by : John D. Bitzan

Download or read book Airline Efficiency written by John D. Bitzan and published by Emerald Group Publishing. This book was released on 2016-06-10 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: An efficient air transport system is critical to countries attaining and sustaining healthy economies in an increasingly interconnected world economy. This volume 5 of Advances in Airline Economics includes literature surveys and original empirical research examining airline efficiency in the twenty first century.

Air Transport Management

Download Air Transport Management PDF Online Free

Author :
Publisher : Kogan Page Publishers
ISBN 13 : 0749484578
Total Pages : 385 pages
Book Rating : 4.7/5 (494 download)

DOWNLOAD NOW!


Book Synopsis Air Transport Management by : Eyden Samunderu

Download or read book Air Transport Management written by Eyden Samunderu and published by Kogan Page Publishers. This book was released on 2019-11-03 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aviation industry is a major driver of world trade. As global markets and economies are constantly evolving, practitioners and academics need more quality information and a broader perspective of aviation management rather than just silo-based knowledge, particularly if they wish to move up the management ladder and progress. Air Transport Management presents the dynamic shifts which have influenced structural changes in the aviation industry, such as the emergence of low cost carriers. These changes have transformed the market, leading to deregulation and consolidation. The author provides a viable road map aimed at giving students and managers in the aviation industry a rigorous understanding on how to manage strategically in complex and turbulent market conditions. Air Transport Management examines the airline industry structure in terms of entry barriers, competition dynamics and competing business models. With the inclusion of fascinating case studies, this handbook assesses different business models used by international companies and proposes best fit management practices which airlines should follow in order to survive.

Oil Price Uncertainty

Download Oil Price Uncertainty PDF Online Free

Author :
Publisher : World Scientific Publishing Company Incorporated
ISBN 13 : 9789814390675
Total Pages : 142 pages
Book Rating : 4.3/5 (96 download)

DOWNLOAD NOW!


Book Synopsis Oil Price Uncertainty by : Apostolos Serletis

Download or read book Oil Price Uncertainty written by Apostolos Serletis and published by World Scientific Publishing Company Incorporated. This book was released on 2012 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relationship between the price of oil and the level of economic activity is a fundamental issue in macroeconomics. There is an ongoing debate in the literature about whether positive oil price shocks cause recessions in the United States (and other oil-importing countries), and although there exists a vast empirical literature that investigates the effects of oil price shocks, there are relatively few studies that investigate the direct effects of uncertainty about oil prices on the real economy. The book uses recent advances in macroeconomics and financial economics to investigate the effects of oil price shocks and uncertainty about the price of oil on the level of economic activity.

The Global Airline Industry

Download The Global Airline Industry PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118881141
Total Pages : 536 pages
Book Rating : 4.1/5 (188 download)

DOWNLOAD NOW!


Book Synopsis The Global Airline Industry by : Peter Belobaba

Download or read book The Global Airline Industry written by Peter Belobaba and published by John Wiley & Sons. This book was released on 2015-07-06 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extensively revised and updated edition of the bestselling textbook, provides an overview of recent global airline industry evolution and future challenges Examines the perspectives of the many stakeholders in the global airline industry, including airlines, airports, air traffic services, governments, labor unions, in addition to passengers Describes how these different players have contributed to the evolution of competition in the global airline industry, and the implications for its future evolution Includes many facets of the airline industry not covered elsewhere in any single book, for example, safety and security, labor relations and environmental impacts of aviation Highlights recent developments such as changing airline business models, growth of emerging airlines, plans for modernizing air traffic management, and opportunities offered by new information technologies for ticket distribution Provides detailed data on airline performance and economics updated through 2013

Flying Off Course

Download Flying Off Course PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1134887787
Total Pages : 352 pages
Book Rating : 4.1/5 (348 download)

DOWNLOAD NOW!


Book Synopsis Flying Off Course by : Rigas Doganis

Download or read book Flying Off Course written by Rigas Doganis and published by Routledge. This book was released on 2013-07-03 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1991. Routledge is an imprint of Taylor & Francis, an informa company.

Finance and Risk Management for International Logistics and the Supply Chain

Download Finance and Risk Management for International Logistics and the Supply Chain PDF Online Free

Author :
Publisher : Elsevier
ISBN 13 : 0128138319
Total Pages : 344 pages
Book Rating : 4.1/5 (281 download)

DOWNLOAD NOW!


Book Synopsis Finance and Risk Management for International Logistics and the Supply Chain by : Stephen Gong

Download or read book Finance and Risk Management for International Logistics and the Supply Chain written by Stephen Gong and published by Elsevier. This book was released on 2018-08-23 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finance and Risk Management for International Logistics and the Supply Chain presents a detailed overview of financial and risk management tools, activity-based costing, and multi-criteria decision-making, providing comprehensive guidance for those researching and working in logistics and supply chain management. The book breaks new ground, combining the expertise of leading authorities to analyze and navigate the funding components for these critical transportation functions. As the international logistics and supply chain transportation fields have recently received heavy investments, this research and the theory behind it provide a timely update on risk management, finance and legal and environmental impacts. Users will find sections that address the wide-ranging issues related to this emerging field that are presented from an international and holistic perspective. - Provides a valuable reference covering the full slate of financial issues of interest to global players in the international transport, logistics and supply chain industries - Covers a truly international perspective, addressing a diverse variety of worldwide transport, logistics and supply chain contexts - Features finance and risk-management strategies related to the banking industry, exchange rates, fuel prices, climate-related funding, freight derivatives and legal aspects

Risk Management

Download Risk Management PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540269932
Total Pages : 842 pages
Book Rating : 4.5/5 (42 download)

DOWNLOAD NOW!


Book Synopsis Risk Management by : Michael Frenkel

Download or read book Risk Management written by Michael Frenkel and published by Springer Science & Business Media. This book was released on 2005-12-06 with total page 842 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dealing with all aspects of risk management that have undergone significant innovation in recent years, this book aims at being a reference work in its field. Different to other books on the topic, it addresses the challenges and opportunities facing the different risk management types in banks, insurance companies, and the corporate sector. Due to the rising volatility in the financial markets as well as political and operational risks affecting the business sector in general, capital adequacy rules are equally important for non-financial companies. For the banking sector, the book emphasizes the modifications implied by the Basel II proposal. The volume has been written for academics as well as practitioners, in particular finance specialists. It is unique in bringing together such a wide array of experts and correspondingly offers a complete coverage of recent developments in risk management.

Aircraft Leasing and Financing

Download Aircraft Leasing and Financing PDF Online Free

Author :
Publisher : Elsevier
ISBN 13 : 0128152869
Total Pages : 528 pages
Book Rating : 4.1/5 (281 download)

DOWNLOAD NOW!


Book Synopsis Aircraft Leasing and Financing by : Vitaly Guzhva

Download or read book Aircraft Leasing and Financing written by Vitaly Guzhva and published by Elsevier. This book was released on 2018-11-29 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aircraft Financing and Leasing: Tools for Success in Aircraft Acquisition and Management provides researchers, industry professionals and students with a thorough overview of the skills necessary for navigating this dynamic field. The book details the industry's foundational concepts, including aviation law and regulation, airline credit analysis, maintenance reserves, insurance, transaction cost modeling, risk management tools, such as fuel hedging, and the art of lease negotiations. Different types of aircraft are explored, highlighting their purposes, as well as when and why airline operators choose specific models over others. In addition, the book also covers important factors, such as maintenance reserve development, modeling financial returns for leased aircraft, and appraising aircraft values. Most chapters feature detailed case studies, applying concepts to actual industry circumstances. Users will find this an ideal resource for practitioners or as an outstanding reference for senior undergraduate and graduate students. - Presents the foundations of aircraft leasing and financing, including aviation law and regulation, airline credit analysis, maintenance reserves, insurance, transaction cost modeling, and more - Provides an overview of the different types of aircraft, their purposes, and when and why operators choose specific models over others - Offers a blend of academic and professional views, making it suitable for both student and practitioner - Serves as an aircraft finance and leasing reference for those starting their careers, as well as for legal, investment, and other professionals

No-frills Carriers

Download No-frills Carriers PDF Online Free

Author :
Publisher :
ISBN 13 : 9780117907010
Total Pages : 98 pages
Book Rating : 4.9/5 (7 download)

DOWNLOAD NOW!


Book Synopsis No-frills Carriers by : Great Britain. Civil Aviation Authority

Download or read book No-frills Carriers written by Great Britain. Civil Aviation Authority and published by . This book was released on 2006 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication examines the impact of the rapid growth of low-cost or 'no-frills' airlines on the UK aviation industry and the way that people travel in the UK and considers likely future trends in the market. The general perception of no-frills carriers is that they have revolutionised air travel, both in terms of how they operate, and their effect on traffic growth, on passengers and society more generally. This paper explores the extent to which this perception of 'revolution' is borne out by the available evidence on the UK market.

Guide to Financial Markets

Download Guide to Financial Markets PDF Online Free

Author :
Publisher : The Economist
ISBN 13 : 1541742516
Total Pages : 250 pages
Book Rating : 4.5/5 (417 download)

DOWNLOAD NOW!


Book Synopsis Guide to Financial Markets by : Marc Levinson

Download or read book Guide to Financial Markets written by Marc Levinson and published by The Economist. This book was released on 2018-07-24 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: The revised and updated 7th edition of this highly regarded book brings the reader right up to speed with the latest financial market developments, and provides a clear and incisive guide to a complex world that even those who work in it often find hard to understand. In chapters on the markets that deal with money, foreign exchange, equities, bonds, commodities, financial futures, options and other derivatives, the book examines why these markets exist, how they work, and who trades in them, and gives a run-down of the factors that affect prices and rates. Business history is littered with disasters that occurred because people involved their firms with financial instruments they didn't properly understand. If they had had this book they might have avoided their mistakes. For anyone wishing to understand financial markets, there is no better guide.

Managing Financial Risk and Its Interaction with Enterprise Risk Management

Download Managing Financial Risk and Its Interaction with Enterprise Risk Management PDF Online Free

Author :
Publisher : John Wiley and Sons
ISBN 13 : 0470952369
Total Pages : 23 pages
Book Rating : 4.4/5 (79 download)

DOWNLOAD NOW!


Book Synopsis Managing Financial Risk and Its Interaction with Enterprise Risk Management by : Daniel A. Rogers

Download or read book Managing Financial Risk and Its Interaction with Enterprise Risk Management written by Daniel A. Rogers and published by John Wiley and Sons. This book was released on 2010-12-16 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter first discusses financial risk management from a broad perspective, including possible definitions and examples of industry applications of financial hedging. The discussion then moves to a basic review of the theoretical rationales for managing (financial) risk and the related empirical findings. The potential for the interaction of financial hedging with other areas of risk management (such as operational and strategic) is then explored. Finally, there is a discussion regarding the lessons that can be applied to Enterprise Risk Management from the knowledge base about financial hedging.