Thoroughly amended and updated throughout, the fourth edition reflects the many developments that have affected the industry, with a particular emphasis on the full impact of the global banking and sovereign debt crises. This edition also features new material discussing the increased airline mergers and acquisitions (M&A) activity of recent years, and considers the likelihood of further consolidation in the future.
Preface 1 Industry Financial Performance 2 Airline Financial Statements 3 Airline Financial Ratios 4 Airline Valuation 5 Sources of Finance 6 Equity Finance 7 Airline Privatisation 8 Airline Financial Planning and Appraisal 9 Risk Management: Foreign Currency, Fuel Prices and Interest Rates 10 Aircraft Leasing 11 Aircraft Securitisation 12 Airline Bankruptcy 13 Industry Financial Prospects
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