Why Can't We Make Money in Aviation? - Pilarski, Adam M.
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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. This book looks at how the industry managed to survive. It details the historical performance of the industry and explores the various theories proposed to explain its lack of profitability.
Seemingly since the beginning of aviation history there has been discussion and speculation on the remarkable inability of the industry to generate profits. The question as to how this is the case and how the industry managed to survive, let alone…mehr

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Produktbeschreibung
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. This book looks at how the industry managed to survive. It details the historical performance of the industry and explores the various theories proposed to explain its lack of profitability.
Seemingly since the beginning of aviation history there has been discussion and speculation on the remarkable inability of the industry to generate profits. 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. Detailing the historical performance of the industry and critically exploring the various theories proposed to explain its lack of profitability, the book also looks to the future, with important recommendations regarding the better management of airlines.
Autorenporträt
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.