As international air travel continues to increase, Islamic financing is a key option to consider in securing aviation financing. This paper begins with background information of the foundation of Islam. Then, it explains the applicable international treaties and their roles within Middle Eastern...

Since airlines were deregulated, shareholders, management and workers, already well organized, have suffered severe, sometimes catastrophic losses, while the benefits have been spread among unorganized consumers and the investors and managers of new entrant airlines, which themselves have had a...

This paper examines the economic regulation of international civil aviation with a view to debunking a number of myths surrounding it. The focus is on public international law understood in its classical construct. The economic regulation of international civil aviation came about in the...

China will likely become the largest market in the world for new large civil aircraft (LCA), with global LCA manufacturers expecting to sell 100 LCA per year in the Chinese market for the next twenty years, or one every three to four days, at a total value ranging up to $350 billion. The...

Opaque products enable service providers to hide specific characteristics of their service fulfillment from the customer until after purchase. Prominent examples include internet-based service providers selling airline tickets without defining details, such as departure time or operating...

In this article we assess the growth impact of London Heathrow’s development constraints on other airports in the UK. To test the relationship we use a two-stage methodology yielding an estimate of a congestion spillover effect. Our data are passenger traffic from 1990 to 2012 containing both...

We analyze a sample of fare quotes, collected from the three leading on-line travel agents on fifty large US airline markets. Looking at the lowest fares available, we determine competition between the travel agents ensures the consumer can get a better deal. The travel agents compete more on...

This paper analyses the cost of access travel time variability for air travelers. Reliable access to airports is important since it is likely that the cost of missing a flight is high. First, the determinants of the preferred arrival times at airports are analyzed, including trip purpose, type...

Since September 11, 2001, the United States has significantly revamped the ways and means used to provide and insure national security against terrorist attacks. Key legislation included the PATRIOT Act (signed October 2001) and its revision, the USA PATRIOT Improvement and Reauthorization Act...