Foundations of Airline Finance: Methodology and Practice

With deregulation of aviation industry movement and separating regulator from operator, a need has risen to treat airlines, airports, and air traffic controls as none-governmental entities that must operate in new standards and according to new measures. Governments as well as private sector had to learn new language. The new language is the market language using numbers, facts, financial indicators that are foreign to the aviation industry. Indicators like NPV, VC, MC, and FC are unknown to aviation industry. On the other hand, long gone is the day when airlines can write off their debt as governmental loss. With open market and new competitors airline must learn how to count before spend. The lessons first were learned in USA since it was the first to privatize, then Foundations of Airline Finance: Methodology and Practice