Tae Hoon Oum Books

The book explores significant changes in international air transport over the past two decades, highlighting the effects of deregulation and the formation of open skies agreements in various regions. It discusses the diminishing influence of IATA as an industry cartel and the rise of liberalized bilateral agreements, prompting airlines to form global service networks through alliances. The narrative emphasizes how increased competition and economic challenges have led to financial losses and necessitated restructuring for airlines to enhance efficiency and maintain competitiveness in a rapidly evolving market.

Fundamental concepts, theory, and methodologies of transport economics are effectively conveyed through a curated selection of twenty-six papers, chosen by seven experienced professors in the field. This collection serves as an essential resource for teaching and studying transport economics, focusing on timeless subjects deemed effective for educational purposes. The careful selection ensures that readers gain a solid understanding of key topics within the discipline.

This title was first published in 2000: A comprehensive assessment of the markets and outlook for the air transport industry in the Asia-Pacific region. The book examines options for improvement of the regulatory system and industry structure, drawing on experience within and outside of the region. It includes the short- and long-term effects of the current economic crisis on Asian airlines and air transport markets and differs from other works due to its description and analysis of all major aspects of the Asian air transport industry and airlines.