Airline Economics in Asia

Air transport service has become an indispensable source of long distance transport for businesses and leisure travelers and for high-value-low-volume products. The significance of this transport service as a driver of economic growth is made abundantly apparent when examining the interdependence of business and air transport growth in Asia. Given the key role this region plays as a contributor to growth in the global airline transport service sector and the distinctive features of the aviation market observed, it is important to understand the economics of this sector in Asia. This volume contributes to the understanding of air transport services in Asia by presenting new research in the following four key areas in airline economics: Competition and regulatory change, passenger demand and satisfaction, industry performance, and the interdependence of airlines companies and airports. 
Specifically, in this volume prominent researchers in the region have examined important issues such as low cost carrier growth in Japan, competition against full service hub carriers in the Middle East, aviation market liberalization in Central Asia, high-speed-rail and airline competition in China, air transport and tourism in Asia and Australia, airline performance and outsourcing, airports development, and airport-airline cooperation. These rigorous studies contributes to a better understanding of the aviation market in Asia, allowing better decisions to be made by industry leaders and government agencies. This book also serves as an excellent reference book for researchers in the transport and logistics industry, and postgraduate students in the disciplines of applied economics, industrial organization, corporate strategy and public policy.

“Economists and business scholars examine the role of airlines in Asia's economy. Among their topics are low-cost carriers in the Japanese aviation market, market development and aviation liberalization in Central Asia, regulatory changes in international air transport and their impact on tourism development in Asia Pacific, the impact of outsourcing on airlines' performance: empirical evidence from Asia and countries in the Pacific, and analyses of risk-sharing contract of airport and airline vertical relationships: bargaining and agency analyses.”

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James Peoples is Professor of Economics at the University of Wisconsin-Milwaukee. His research includes analysis of production efficiency for different modes of freight transportation, as well as analysis of labor market activity in transportation industries. He has served as president of the Transportation and Public Utilities Group. He is also the series editor of Advances in Airline Economics and editorial board member of the journal, Transport Policy. Xiaowen Fu is an Associate Professor in the Institute of Transport and Logistics Studies, the University of Sydney. His main research area is transport economics which covers issues such as competition policy and government regulation, efficiency benchmarking, transport demand modelling and industrial organization. He is on the editorial boards of three journals including Transportation Research - Part B, Part E, and is an editor of the journal of Transport Policy, associate editor of the book series "Advances in Airlines Economics". Dr. Fu is the Vice President (Research) of the Air Transport Research Society (ATRS), Vice President (Research) of the Institute for Aviation (UK), founding chair of the Maritime Economy and Policy stream of the World Transport Convention.

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