Author : Adam M. Pilarski
Publisher : Routledge
ISBN 13 : 1134764987
Total Pages : 260 pages
Book Rating : 4.1/5 (347 download)
Book Synopsis Why Can't We Make Money in Aviation? by : Adam M. Pilarski
Download or read book Why Can't We Make Money in Aviation? written by Adam M. Pilarski and published by Routledge. This book was released on 2016-02-11 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seemingly since the beginning of aviation history there has been discussion and speculation on the remarkable inability of the industry to generate profits. This is even more so the case now, when a number of the world's airlines are bankrupt. The failure of aviation, or at least of airlines, to produce a reasonable rate of return on investments has been a fact pondered by many at great length but never satisfactorily understood. Somehow the industry seems to violate the most basic principles of economics and business. The question as to how this is the case and how the industry managed to survive, let alone actually grow and prosper so far, is the subject of this book. It details the historical performance of the industry and critically explores the various theories proposed to explain its lack of profitability. Summarizing the analysis, the book also looks to the future, combining lessons from the past and recommendations regarding the better management of airlines. In conclusion it offers a prediction on the future of the global airline industry.