Flying Off Course

Introduction; 1 Characteristics and trends in the airline operations; 2 International regulation - bilateralism or 'open skies'; 3 Understanding the structure of airline costs; 4 Determinants of airline costs; 5 The economics of the low-cost model; 6 The economics of leisure charters; 7 Alliances as a management tool; 8 Airline marketing - the role of passenger demand; 9 Forecasting demand; 10 Product planning; 11 Pricing for profit?; 12 The impact of ancillaries BY DR. JOHN F. O'CONNELL; 13 The economics of air freight; 14 Strategies for success

Rigas Doganis is a former airline chief executive and was a non-executive director of both easyJet and South African Airways. He has worked as an aviation consultant and adviser to numerous airlines, governments, banks, the European Commission, the United Nations and the World Bank. He was also Professor and Head of the Air Transport Department at Cranfield University, UK.

'This fifth edition of Flying Off Course is the indispensable book for anyone who wants to learn about the reality of running a modern airline. It explains the good, the bad and the ugly of this most challenging and volatile of industries. Prof. Doganis speaks with practical experience as he often fed medicine to sick airlines and cured their ills. I own the first edition and blame the book for embroiling me in this crazy aviation world. I recommend it to anyone new to the industry as it is authoritative, easy to read and, most importantly, reflects the real world of airline business. It is money well spent and many airline executives would save millions by reading it.'

Peter Bellew, Chief Operations Officer, Ryanair

"Flying Off Course is a must-read book for anyone interested in better understanding of the economics of airlines and their marketing best practices. Whether you are a newcomer or a captain of industry, there is so much to learn from this very well written book, as it provides a comprehensive and practical coverage of the airline business and its environment. Many academics and industry practitioner including myself, have benefited from previous editions of the book!"

Fariba Alamdari, Vice President of Boeing Global Learning Institute

"From the first edition, through the fourth, now the fifth I have been taking so many ideas into the real airline business, especially since I took the helm at Vietnam Airlines two and a half years ago. And 2017 and 2018 have proved to be the best two years for us."

Duong Tri Thanh, President and CEO, Vietnam Airlines





"This long established book has been completely updated and includes much new material on airline alliances , on the new pricing policies and ancillary revenues , on the economics of long-haul low-cost and on much more. Peppered with actual examples from airlines around the world , the book provides a practical understanding of