Flying Too Close to the Sun

The Success and Failure of the New-Entrant Airlines

Nonfiction, Reference & Language, Transportation, Aviation
Cover of the book Flying Too Close to the Sun by Sveinn Vidar Gudmundsson, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Sveinn Vidar Gudmundsson ISBN: 9781351936286
Publisher: Taylor and Francis Publication: December 5, 2016
Imprint: Routledge Language: English
Author: Sveinn Vidar Gudmundsson
ISBN: 9781351936286
Publisher: Taylor and Francis
Publication: December 5, 2016
Imprint: Routledge
Language: English

Since deregulation in the United States, most jet operating new-entrant carriers have failed. Theories on competition had been put to the test and reality turned out to be different to the vision. To begin with many new-entrant airlines were successful, but were not able to create sustainable strategies to survive as incumbent carriers adjusted to the new operating environment. This book explains the complex issues that led to the almost total failure rate of the 'first wave' new-entrant airlines. The background to the pre-nineties failure predicament is examined in order to give a good overview of the characteristics of new-entrant airlines and of the environment in which they operate. Attention is given to the new-entrants’ strategies and management in order to explore past deficiencies and to pave the way for successful new strategies. The author covers the new-entrants’ structure and then identifies critical factors through distress/failure prediction models. His approach is broad, and conclusions on airline failure are based on a dynamic framework, rather than a simple prescription for success or how to avoid failure. It is hoped that the reader will thereby come to recognize more fully the adaptability of incumbent airlines as well as the past mistakes of new airlines and gain some insights into new airline strategies. The book is in two main parts. The first part establishes what sort of an environment the new-entrants encounter. The second part gives results of a survey research giving an insight into management priorities and organization characteristics at new-entrant airlines and their linkage with good and poor performance. In addition critical factors are derived from failure and distress prediction models based on survey data and financial and traffic data on new-entrants. The final chapter brings together the various parts of the book and covers an inventory of new-entrants’ critical factors. The readership includes managers in

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Since deregulation in the United States, most jet operating new-entrant carriers have failed. Theories on competition had been put to the test and reality turned out to be different to the vision. To begin with many new-entrant airlines were successful, but were not able to create sustainable strategies to survive as incumbent carriers adjusted to the new operating environment. This book explains the complex issues that led to the almost total failure rate of the 'first wave' new-entrant airlines. The background to the pre-nineties failure predicament is examined in order to give a good overview of the characteristics of new-entrant airlines and of the environment in which they operate. Attention is given to the new-entrants’ strategies and management in order to explore past deficiencies and to pave the way for successful new strategies. The author covers the new-entrants’ structure and then identifies critical factors through distress/failure prediction models. His approach is broad, and conclusions on airline failure are based on a dynamic framework, rather than a simple prescription for success or how to avoid failure. It is hoped that the reader will thereby come to recognize more fully the adaptability of incumbent airlines as well as the past mistakes of new airlines and gain some insights into new airline strategies. The book is in two main parts. The first part establishes what sort of an environment the new-entrants encounter. The second part gives results of a survey research giving an insight into management priorities and organization characteristics at new-entrant airlines and their linkage with good and poor performance. In addition critical factors are derived from failure and distress prediction models based on survey data and financial and traffic data on new-entrants. The final chapter brings together the various parts of the book and covers an inventory of new-entrants’ critical factors. The readership includes managers in

More books from Taylor and Francis

Cover of the book Fundamentals of International Aviation by Sveinn Vidar Gudmundsson
Cover of the book Outdoor Learning in the Early Years by Sveinn Vidar Gudmundsson
Cover of the book Q&A Evidence 2011-2012 by Sveinn Vidar Gudmundsson
Cover of the book Political Sociology in a Global Era by Sveinn Vidar Gudmundsson
Cover of the book Casual Shakespeare by Sveinn Vidar Gudmundsson
Cover of the book Sketches of Royal Society and Royal Society Club by Sveinn Vidar Gudmundsson
Cover of the book Authority in European Book Culture 1400-1600 by Sveinn Vidar Gudmundsson
Cover of the book Understanding Second Language Acquisition by Sveinn Vidar Gudmundsson
Cover of the book Neoliberalism and Global Cinema by Sveinn Vidar Gudmundsson
Cover of the book International Negotiation in the Twenty-First Century by Sveinn Vidar Gudmundsson
Cover of the book Meaning and the English Verb by Sveinn Vidar Gudmundsson
Cover of the book The Effective Teacher's Guide to Dyslexia and other Learning Difficulties (Learning Disabilities) by Sveinn Vidar Gudmundsson
Cover of the book Antonio Gramsci (Routledge Revivals) by Sveinn Vidar Gudmundsson
Cover of the book Promoting Youth Sexual Health by Sveinn Vidar Gudmundsson
Cover of the book Drunks, Whores and Idle Apprentices by Sveinn Vidar Gudmundsson
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy