This book investigates the structural shifts and economic pressures defining the commercial airline industry in the modern era. Rigas Doganis, a recognized authority in aviation economics and management, utilizes historical data and industry trends to analyze how deregulation, globalization, and technological advancements have forced airlines to adapt their business models. The text provides a comprehensive framework for understanding the transition from state-controlled monopolies to highly competitive, market-driven enterprises.

Reader & Expert Consensus: Industry professionals and academic researchers frequently cite this work as a foundational text for understanding the complexities of modern airline economics. Experts highlight the author's ability to synthesize dense regulatory data into a coherent narrative that remains accessible to students and practitioners alike.