Foundations of airline finance : methodology and practice
Author(s)
Bibliographic Information
Foundations of airline finance : methodology and practice
Routledge, Taylor & Francis Group, 2015
2nd ed
- : hbk
- : pbk
Available at 3 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Description and Table of Contents
Description
In recent years the airline industry has experienced severe volatility in earnings, with airlines recording periods of substantial profits that are closely followed by periods of financial distress. This trend has continued into the new millennium, with numerous examples of airlines across the globe entering bankruptcy protection or liquidating.
The text provides an introduction to both the basics of finance and the particular intricacies of airline finance where there can be significant fluctuations in both revenues and costs. This new edition also includes:
capital budgeting
management of current assets
financial risk analysis
fuel hedging
aircraft leasing
This textbook contains chapters that cover unique aspects of the aviation financial decision-making process. These include a rigorous and structured presentation of the buy versus lease decision that is prevalent in the industry, a valuation process for aviation assets, the recent trend toward privatization and the difficulty inherent in the valuation of a publicly-owned or semi-publicly owned asset.
The Foundations of Airline Finance, now in its second edition, is an introductory text that can be used either as a general financial text or in a specialized class that deals with aviation finance in particular.
Table of Contents
- 1. Airline Finance: An Overview 2. Airline Cost Classifications 3. The Time Value of Money and Its Setting in the Aviation Industry 4. Assessments of Risk and Return 5. Airline Financial Accounting Practices 6. Financial Performance and Measurement 7. Assessment of Financial Statements 8. Airline Capital Budgeting 9. Airline Capital Structure and Cost of Capital 10. Management of Current Asset 11. Revenue and Risk Management 12. Analysis of Aircraft Leases 13. Financial Trends in the Aviation Industry: Growth
- Privatization
- and Valuation
by "Nielsen BookData"