An Introduction to Airline Economics

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The book offers a comprehensive analysis of the evolving airline industry, highlighting significant mergers and the consolidation trend towards larger airlines. It discusses the transformation of route patterns centered around hub cities and contrasts the financial struggles of the early 1990s with the profitable landscape of the late 1990s. The text has been thoroughly revised to reflect these developments and serves as an insightful introduction to the economics of both domestic and international U.S. airline services.