The canonical value-destroying industry: high fixed costs, commodity pricing and a century of bankruptcies since deregulation.
US airlines after 1978 deregulation through Crandall, Lorenzo and Kelleher.
Recommended by: Patrick Collison
Classic on the bet-the-company economics of airliner programs.
The duopoly rivalry and the 787 and A380 bets.
The two 737 MAX crashes and the corporate history at Boeing that led to them.
How Southwest Airlines built its low-cost model and its culture under Herb Kelleher.
The standard academic text on airline economics.