Seemingly since the beginning of aviation history there has been discussion and speculation on the remarkable inability of the industry to generate profits. This is even more so the case now, when a number of the world's airlines are bankrupt. The failure of aviation, or at least of airlines, to produce a reasonable rate of return on investments has been a fact pondered by many at great length but never satisfactorily understood. Somehow the industry seems to violate the most basic principles of economics and business. The question as to how this is the case and how the industry managed to survive, let alone actually grow and prosper so far, is the subject of this book. It details the historical performance of the industry and critically explores the various theories proposed to explain its lack of profitability. Summarizing the analysis, the book also looks to the future, combining lessons from the past and recommendations regarding the better management of airlines. In conclusion it offers a prediction on the future of the global airline industry.
Format: CONTRIBUTORS: Adam M. PilarskiEAN: 9780754649113COUNTRY: United KingdomPAGES: WEIGHT: 640 gHEIGHT: 234 cm
PUBLISHED BY: Taylor & Francis LtdDATE PUBLISHED: 2007-09-20CITY: GENRE: BUSINESS & ECONOMICS / General, BUSINESS & ECONOMICS / Industries / GeneralWIDTH: 156 cmSPINE:
Book Themes:
Industry and industrial studies, Aerospace and aviation technology
'This is a well thought out, profound professional perspective of the challenges of the air transportation business from a well respected airline economist and surveyor of the industry.' Steven F. Udvar-Hazy 'Seemingly since the beginning of aviation history there has been discussion and speculation on the remarkable inability of the industry to generate profits. This is even more so the case now, when a number of the world's airlines are bankrupt. The failure of aviation, or at least of airlines, to produce a reasonable rate of return on investments has been a fact pondered by many at great length but never satisfactorily understood. Somehow the industry seems to violate the most basic principles of economics and business. The question as to how this is the case and how the industry managed to survive, let alone actually grow and prosper so far, is the subject of this book. It details the historical performance of the industry and critically explores the various theories proposed to explain its lack of profitability. Summarizing the analysis, the book also looks to the future, combining lessons from the past and recommendations regarding the better management of airlines. In conclusion it offers a prediction on the future of the global airline industry.' SpeedNews, June 2007 'The author accomplishes all he sets out to do: he is interesting, educational and the book is a joy to read. Balancing the anecdotal stories with the more detailed economic analysis reinvigorates the text regularly. With such credentials, Pilarski's experience permits him the authority that is necessary when tackling a topic as complex as airfinance.' Airfinance Journal, October 2007
Adam M. Pilarski is Senior Vice President of AVITAS, USA. He joined the company in 1997 after 17 years as an economist with Douglas Aircraft Company to oversee its valuation and consulting services. He is also responsible for supporting customers with studies including traffic forecasts, economic forecasts, statistical analyses, strategic planning and airline industry issues. As Douglas Aircraft Company's Chief Economist and Director of Strategic Planning he was responsible for all economic analyses performed for the company and was the publisher and editor of the annual "Outlook" publications. Prior to joining Douglas, Dr. Pilarski worked as Assistant Professor of Economics and Statistics at California State University, Los Angeles. In addition to his work at McDonnell Douglas, he was an Adjunct Professor at the Anderson Graduate School of Management at the University of California at Los Angeles, at the University of California at Irvine, and at California State University at Long Beach.
Seemingly since the beginning of aviation history there has been discussion and speculation on the remarkable inability of the industry to generate profits. This is even more so the case now, when a number of the world's airlines are bankrupt. The failure of aviation, or at least of airlines, to produce a reasonable rate of return on investments has been a fact pondered by many at great length but never satisfactorily understood. Somehow the industry seems to violate the most basic principles of economics and business. The question as to how this is the case and how the industry managed to survive, let alone actually grow and prosper so far, is the subject of this book. It details the historical performance of the industry and critically explores the various theories proposed to explain its lack of profitability. Summarizing the analysis, the book also looks to the future, combining lessons from the past and recommendations regarding the better management of airlines. In conclusion it offers a prediction on the future of the global airline industry.
Format: CONTRIBUTORS: Adam M. PilarskiEAN: 9780754649113COUNTRY: United KingdomPAGES: WEIGHT: 640 gHEIGHT: 234 cm
PUBLISHED BY: Taylor & Francis LtdDATE PUBLISHED: 2007-09-20CITY: GENRE: BUSINESS & ECONOMICS / General, BUSINESS & ECONOMICS / Industries / GeneralWIDTH: 156 cmSPINE:
Book Themes:
Industry and industrial studies, Aerospace and aviation technology
Adam M. Pilarski is Senior Vice President of AVITAS, USA. He joined the company in 1997 after 17 years as an economist with Douglas Aircraft Company to oversee its valuation and consulting services. He is also responsible for supporting customers with studies including traffic forecasts, economic forecasts, statistical analyses, strategic planning and airline industry issues. As Douglas Aircraft Company's Chief Economist and Director of Strategic Planning he was responsible for all economic analyses performed for the company and was the publisher and editor of the annual "Outlook" publications. Prior to joining Douglas, Dr. Pilarski worked as Assistant Professor of Economics and Statistics at California State University, Los Angeles. In addition to his work at McDonnell Douglas, he was an Adjunct Professor at the Anderson Graduate School of Management at the University of California at Los Angeles, at the University of California at Irvine, and at California State University at Long Beach.
Die verhaal van die kasarm en die Calitze kom tot 'n mooi einde
Ek kan nie ’n boek summier toemaak nadat die slotsin geskryf is nie. Ek lees álles, tot by die outeursnotas en die bronnelys (gewoonlik gooi ek darem net vlugtig ’n oog oor die bonne!). Chanette Paul maak in die nota oor Maanschijnbaai 2, die verdere verhaal van Nan en Jeannie, die stelling: “Lesers moet my asseblief vergewe dat my verbeelding altyd die oorhand oor die werklikheid kry en verdigsel voorkeur bo feite.” (p.635) Ek wil daarby aanhaak en bieg dat ’n uitstekende verhoudingsroman soos hierdie tydelik die oorhand gekry het oor my traagheid om te lees oor reïnkarnasie en die esoteriese. Die klomp Calitzse het my tyd en aandag totaal gekaap.
Die skrywer wy die laaste bladsye aan ’n verduideliking oor hoe die Maanschijnbaai-tweeluik ontstaan het. Sy beweer dat die Calitze haar “onkant” betrap het. Sy wou ’n romanse skryf maar uiteindelik was die karakters so kompleks dat dit op twee dik boeke en ’n intense familiedrama uitgeloop het.
Van die onderskeie karakters raak diep waarhede kwyt wat die moeite werd is om te onderstreep en te onthou, soos Zach wat dit gehad het oor die risiko om iemand op ’n pedestal te plaas omdat jy daardeur die persoon ’n onreg aandoen. (p.539) En Nan, wat die hele klomp Calitze moes grootkry, se wyse raad: “Met eerlikheid, Jeannie, kom ’n mens baie verder as met opoffering. Met eerlikheid gee jy almal ’n regverdige kans. Opoffering beteken bloot jy doen iets teen jou sin omdat jy glo dit sal ander baat.” (p.613)
Maak seker dat jy genoeg tyd op hande het, dan lees jy hierdie tweeluik in volgorde, Jo & Sue, gevolg deur Nan & Jeannie. Dit is hersien en met splinternuwe, pragtige baadjies uitgegee deur Lapa Uitgewers.
A very practical approach and the tools to go along with it
Very useful. The book provides a structure and an approach that I would have been useful earlier in my investing. I like the five gates and in particular the attention to quality and management's capital allocation decisions. I will also apply the idea of the stewardship log to get more explicit on my investment theses. This is kind of the practical aspect of what I learned from the Psychology of Money.
the title ties in really nicley the more towards the end but the title for the book suits it real...
the book is very slow burn and takes a while for like captivating parts of the book .but the middle to the end the pace of the book is really nice the beginning is just repetitive and and trust the processes
Skuld en vergifnis word nie versuiker in hierdie jeugverhaal nie
Twee halwes maak ’n hele is die wenner van ’n jeugboekprys. Ek moes myself gedurig herinner wat die teikenmark nou eintlik is, want die sake wat aangeraak word, is geensins beperk tot jeugdige lesers nie. Die sterk newe-karakters dra daartoe by die selfs baie ouer lesers goed aanklank kan vind by die storielyn wat ontvou.
“Hulle sê as jy iemand vergewe, lig jy ’n vrag van daardie persoon se skouers af. Maar miskien is sommige dinge net te swaar om van iemand anders se skouers te lig?” (p.178) Baie aandag word gegee aan skuld en vergifnis, maar geen suikeromhulde kitsoplossings word aangebied nie. Dit sou die storie beslis vervlak het.
Na die aardskuddende ontdekking wat Lira gemaak het, gaan sy vir drie maande na ’n Griekse eiland en maak sy kennis met haar ander helfte, ’n halfsuster wat presies die teenoorgestelde is van haar eie ingetoë, overthinking self. Ek het daarvan gehou dat hulle, die verskille ten spyt, nie in heftige konflik was nie. Eerder besig om algaande te ontdek dat hulle by mekaar kan aanpas en albei sterker daardeur kan kom.
Marita van der Vyver is ’n waardige wenner van die Tafelberg Jeugboekprys en hierdie boek hoort beslis in van der Vyver versamelings. Dit is uitgegee deur Tafelberg, ’n druknaam van Jonathan Ball Uitgewers.
