FINANCIAL ISSUES AND OUTLOOK. THE U. S. VIEWPOINT
The airline industry is on the move in providing adequate service to meet the growth in public demand. The industry, however, faces a very difficult problem in obtaining adequate financing to meet the need for new aircraft and ground support equipment in the years ahead. Earnings are still significantly below the level needed to obtain funds to meet future capital requirements. Even with the upturn in earnings experienced in 1976 and those anticipated for 1977, the industry will be only about half way to the annual level needed to adequately finance the $65 billion worth the equipment needed for replacement and traffic growth during the 1976-1989 period. The author makes some observations on the short range outlook of the industry, the comparative status of the airline with other U. S. industries, and the financial issues facing the U. S. airlines.
- ASCE, Air Transportation Division Special Conference Inst Air Transp Conference Proceedings, Washington, D.C., April 4-6, 1977.
New York, NY United States 10017-2398
- JAMES, G W
- Publication Date: 1977
- Pagination: p. 29-50
- TRT Terms: Aircraft; Airlines; Airports; Capital costs; Costs; Financing; Forecasting; Ground handling; Operating costs; Revenues; Transport aircraft
- Uncontrolled Terms: Ground equipment; Ground support equipment
- Subject Areas: Aviation; Finance; Terminals and Facilities; Vehicles and Equipment;
- Accession Number: 00178458
- Record Type: Publication
- Source Agency: Engineering Index
- Files: TRIS
- Created Date: Sep 27 1978 12:00AM