He was widely considered one of the world's foremost experts on airline economics.
He is known for his work on productivity, growth, the causes of unemployment, and airline economics.
There are other indicators of the state of airline economics as well.
In this article, we're going to take a hard look at airline economics and fin-d out how budget carriers stay in the black.
As for the salaries of Eastern pilots, you show a profound misunderstanding of airline economics.
Delta is the biggest competitor in eight of Eastern's top 12 markets, according to Airline Economics.
And, adding more irony to the upside-down world of airline economics, such marketing tactics often add to the cost of flying.
Yet its low-fare policy also kept revenues well below the industry's average of 12 cents per revenue-passenger mile, said Airline Economics.
In Miami, Eastern had been the dominant carrier, with 45 percent of the market share, Airline Economics said.
A4A also publishes a handbook on the airline industry that provides background information on airline economics, operations, safety, security and history.