The Economics of Airlines (3rd Edition)
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The Economics of Airlines (3rd Edition)
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English | 2025 | ISBN: 1788218310 | 224 Pages | PDF | 2 MB
The airline industry is fundamental to the workings of the global economy. Yet, ironically for an industry of such sheer scale and economic muscle, profit margins are razor thin and many airlines struggle to break even. The precarious economics of the sector were fully revealed when Covid-19 grounded flights across the world prompting many national carriers to seek government bailouts, while smaller airlines collapsed.