Airline Finance

Airline Finance, 5th Edition, by Peter S. Morrell and published by Routledge, provides an applied overview of aviation financial statements and financing structures. The 2021 volume helps readers interpret balance sheets and cash flow statements across the air transport industry.

Using a descriptive approach rather than abstract accounting theory, the text explores how financial figures inform management and regulatory decisions. Core topics include asset valuation, risk management, and airline privatization.

Practical examples taken from airlines' annual reports illustrate these concepts. The guide supports students in airline management and air transport finance as well as industry analysts and airline regulators.