id author title date pages extension mime words sentences flesch summary cache txt cord-353726-e0mr8kqb Adler, Nicole Strategies for managing risk in a changing aviation environment 2012-07-31 .txt text/plain 11639 448 42 Abstract Given the increasing volatility in the economic performance of airlines, partially reflecting the dynamics of demand for air transport and the fixed costs associated with the industry, all stakeholders need to consider appropriate strategies for better managing the risks. These strategies need to provide a cushion whereby companies can reasonably handle the risk of fuel price instability, the introduction of carbon cap and trade regulation, the need to finance airport infrastructure, air traffic management systems, aircraft and other assets, the competitive inequalities drawing from subsidies across the globe at various levels of the supply chain and the effects of increasing ad-hoc consumer protection laws. We discuss the on-going process of deregulation of the airline markets in section 5.1, the conditions under which airport regulation continues to be a necessity in a gradually privatized and corporatized airport industry in section 5.2 and the issues arising as a result of the changes in ownership form of the air traffic control sector in section 5.3. ./cache/cord-353726-e0mr8kqb.txt ./txt/cord-353726-e0mr8kqb.txt