Aviation and the Airline Industry : International Perspectives on Policies and Practices by Leo Kounis
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Overview: This book “Aviation and the Airline Industry: International Perspectives on Policies and Practices” presents a selected number of international aviation-specific cases, with an emphasis being placed on Greece, as a number of investment opportunities arise and its economy is recovering from a nine-year turmoil. Aviation has come a long way since its inceptions and is regarded as the safest mode of transport; an achievement that has been built on accumulated experience. The incorporation of redundant systems is aimed at eliminating potential failure causes. Indeed, the introduction of sophisticated computers and cutting-edge technology has led to a decrease in accidents per se. The paper by J.A. Richter though suggests that the “safety-first” culture spearheaded by air carriers may be at risk. The work by V. M. Kafasis elaborates on the emerging opportunities in Greece’s aviation industry, resulting from the introduction of Law 4568/2018 pertaining to the licensing, operation and utilization of waterdromes. The development and operation of seaplanes is expected to offer a flexible alternative, which, in turn, may foster inter-connectivity and enhance remote area accessibility, while improving financial performance indicators. The successive European Air Liberalisation Acts inadvertently affected a number of European flag carriers. The 2008 financial crisis that spread across Europe had a profound impact on Cypriot Economy, in particular during the (2011-2012) period. Author C. Hailis discusses the effect of the financial crisis in Cyprus’ aviation market, while providing an insight on Cyprus Airways.
Genre: Non-Fiction > General
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