Provides an up-to-date overview of the air cargo industry. The forecast places the world's major air trade markets in perspective, summarizes major trends, & presents forecasts for the future performance & development of markets, as well as for anticipated freighter & combi airplane requirements. World economic uncertainty is the backdrop for this edition, which could mean extreme annual results in contrast to a 20-year forecast. This edition introduces a new chapter reporting on the CIS & Baltics. Forecast includes: significant world airline trends, overview & forecast; analysis by regions; & world freighter fleet. Glossary.

The fabric of the airline industry has continued to undergo remarkable changes since the 5th edition of this classic text was published in 1995. The industry has witnessed a series of mergers and a trend toward consolidation into fewer but larger airlines. Route patterns have been reconstructed around hub cities. In contrast to the early 1990s, which saw unprecedented operating deficits, the late 1990s have seen a swing to highly profitable operations, characterized by the forming of alliances among U.S. and foreign airlines. Revised substantially to cover these changes, this book is an excellent introduction to the economics of U.S. airline services, both domestic and international. A college level text suitable for students without a background in economics, this book is intended for such one-semester courses as Aviation Administration, Air Transportation, and Economics of Air Transportation. Enhancing the book's value, the volume includes self-testing questions for each chapter and an appendix covering the portions of the basic transportation statute—the former Federal Aviation Act—that are pertinent to the text. Focusing exclusively on airlines—and excluding private, military, and other types of flying—this book is the only college text dealing exclusively with the economics of U.S. airlines.

Aviation is integral to the global economy but it is also one of the main obstacles to environmentally sustainable development. It is one of the world's fastest growing - and most polluting - industries. What can be done to retain the economic and other benefits it brings, without the associated pollution, noise, congestion and loss of countryside? In this volume, industry, policy and research experts examine how to address the problems, and what it would take to achieve genuinely sustainable aviation - looking at technological, policy and demand-management options. Without far-reaching changes the problems caused by aviation can only multiply and worsen. This work seeks to take an important step in diagnosing the problems and in pointing towards their solutions.