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By Lucy Budd, Stephen Ison

ISBN-10: 1472451031

ISBN-13: 9781472451033

Commercial air shipping is a world multimillion buck that underpins the realm economic climate and allows the circulate of over three billion passengers and 50 million tonnes of air freight around the globe each one year.

With a sincerely dependent topic-based strategy, this textbook offers readers with the foremost concerns in air shipping administration, together with: aviation legislation and law, economics, finance, airport and airline administration, environmental issues, human source administration and advertising. The ebook contains rigorously chosen contributions from best aviation students and execs all over the world. to aid scholars of their experiences the ebook contains case reports, examples, studying pursuits, key-phrase definitions and ‘stop and imagine’ bins to recommended mirrored image and to assist understanding.

Air shipping administration provides in-depth guide for undergraduate and postgraduate scholars learning aviation and company management-related levels. It additionally deals aid to practitioners trying to extend their wisdom base.

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Additional resources for Air Transport Management: An international perspective

Sample text

While the Paris Convention 1919 clearly asserted that exclusive or absolute sovereignty extends to the airspace above the territory of the state, issues were raised as to what constitutes the vertical and horizontal territorial limits of each state. In respect to vertical limits, customary law, based on an ancient Roman principle, had long recognised that absolute sovereignty of the state over its territorial airspace extended to an unlimited height. The Roman principle was based on an old maxim, cujus est solum ejus usque ad coelum, translated to mean ‘whose is the soil, his is also that which is up to the sky’.

The evolution of the airline industry has been shaped by the growth in international aviation. Unlike domestic markets that had been deregulated, international aviation markets were regulated by bilateral air service agreements. These agreements controlled prices, market entry, flight frequency and seat capacity (➤Chapter 1). The development of international airline alliances was affected significantly by constraints imposed by bilateral agreements as airlines sought access to beyond and before traffic.

The air transport product is derived demand in nature. This means that by far the majority of demand arises from a need for passengers, freight or mail to be somewhere else, not because the actual journey between origin and destination is desired for its own sake. This results in cyclical and seasonal variations in demand between and within years and between individual airports that create peaks in traffic, which makes the management of both material assets and human resources inherently challenging (➤Chapter 2).

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Air Transport Management: An international perspective by Lucy Budd, Stephen Ison

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