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by Peter S. Morrell (Author)
Revised and updated in its fifth edition, this internationally renowned and respected book provides the essentials to understanding all areas of airline finance.
Author Biography
Peter S. Morrell graduated in economics from Cambridge University and subsequently gained a master's degree in air transportation from the Massachusetts Institute of Technology, where he worked on NASA-sponsored research into airline forecasting and profitability. He has a doctorate in airline capital productivity from Cranfield University. He initially worked with merchant bank Lazard Brothers, in the City, before joining the Association of European Airlines in Brussels as an economist in 1971. He worked as an air transport consultant from 1978 to 1991, when he joined Cranfield's Department of Air Transport, retiring in 2011.
He is a former head of the Department of Air Transport at Cranfield University, where he had a chair in air transport economics and finance. He is now an independent aviation advisor and a visiting professor at Cranfield University, and is on the editorial board of the Journal of Air Transport Management and Tourism Economics. He is the author of Airline Finance (the fifth edition of which will be published in 2021, and a Chinese edition in 2007), Moving Boxes by Air: The Economics of International Air Cargo, second edition with Thomas Klein (2018), and has written many papers for both academic and industry journals.
