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The airline industry presents an enigma. High growth rates in recent decades have produced only marginal profitability. This book sets out to explain, in clear and simple terms, why this should be so. It provides a unique insight into the economics and marketing of international airlines.
Flying Off Course has established itself over the years as the indispensable guide to the inner workings of this exciting industry. This enlarged fourth edition, largely re-written and completely updated, takes into account the sweeping changes which have affected airlines in recent years. It includes much new material on many key topics such as airline costs, ‘open skies’ , air cargo economics, charters and new trends in airline pricing.
It also contains two exciting new chapters on the economics of the low-cost no frills carriers and on the future prospects of the industry.
The book provides a practical insight into key aspects of airline operations, planning and marketing within the conceptual framework of economics . It is given added force by the author’s hands-on former experiences as a Chairman and CEO of Olympic Airways and as a non-executive Director of South African Airways while he is currently a non-executive Director of easyJet.
- Sales Rank: #379788 in Books
- Published on: 2010-02-03
- Released on: 2009-12-17
- Original language: English
- Number of items: 1
- Dimensions: 9.69" h x .80" w x 6.85" l, 1.50 pounds
- Binding: Paperback
- 352 pages
Review
The systematic and concise approach of this book makes it very enjoyable for readers learning the A to Z of airline economics, as well as developing a deeper understanding of this vibrant industry. Flying Off Course is a thought provoking book that should be essential reading for anyone interested in the airline industry.
- Dr Fariba Alamdari, Vice President of Boeing Commercial Airplanes
Flying off Course captures perfectly the complexity of international aviation and the state of the industry. Only someone with an intimate knowledge of airlines could have produced a book of this range and depth, covering everything to do with the economics of flying – from the cyclical nature of the business to the role of technology, from the regulatory environment to product planning, and from demand forecasting to fare pricing.
- James Hogan, Chief Executive Officer, Etihad Airways
Doganis once more lifts the bonnet of the international airline industry to examine its workings in detail, with the expertise of a seasoned insider. Relevant and essential reading for anyone interested in why this unique industry continues to generate tremendous consumer value yet at the same time destroys shareholder value
- Brian Pearce, Chief Economist at IATA
Reading Flying Off Course is like going through a dedicated refresher course on our business followed by a profound discussion of its latest challenges. A must read to anyone involved in this amazing industry.
- Fernando Abs da Cruz Souza Pinto, President Air Portugal
Because it covers so many aspects of airline economics and marketing, it should be on the desk or in the bookcase of every airline or airport executive, whatever their own area of expertise
- Air Transport News
About the Author
Rigas Doganis is a Consultant to Airline Industry and sits on the board of directors of easyJet. He is the author of The Airline Business and The Airport Business, also published by Routledge.
Most helpful customer reviews
9 of 11 people found the following review helpful.
Interesting treatise of a boring subject
By CFI Esq.
This book is the required text for Advanced Aviation Economics in the MBA program at Embry-Riddle Aeronautical University. Doganis applies the tedious study of microeconomics specifically to the airline industry. My only complaint is that for an industry which changes everyday, the data are somewhat stale. Hence, my three star rating. Although there is a smattering of 2009 facts in the book. However, the book should have a yearly update. Fortunately, there is a great deal of supplemental data available free of charge from a multitude of airline industry websites.
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