Capital Financing in Air Transportation

 

Discuss the problem of airline capital financing. What are the major sources of funding? How did the jet age effect those funds?

 

Sample Solution

The rapid communication and transportation provided by our airlines are recognized as essential parts of our economy and national defense. The financial health of so vital an industry is therefore a matter of national concern. The airline companies are still young and their capital structures in most cases are simple. At their inception the airlines were financed almost exclusively with private equity money. Modest numbers of planes were acquired with the funds of the operator or his backer who, generally speaking, was not a lender but a partner in the enterprise. One of the major challenges of financing of the airline is that banks do not actually support the carriers.  

approaches is that patients are considered as “clients”. In particular, representatives of a client-centered approach in psychotherapy see the therapist and client as equal partners, and not as a patient and his doctor with a clear distribution of responsibilities (McLeod, 2013). Unlike other approaches, in a client-centered approach, it is the client who is responsible for improving his life and achieving the goals of treatment, and not the therapist. This is a completely different approach from psychoanalysis and behavioral therapy, where the patient is diagnosed and treated by a doctor and follows his instructions without any discussion. Instead, the client consciously and rationally decides for himself what is wrong and what needs to be done with it. The therapist is more of a friend or adviser who listens and encourages the clients to work on themselves and their problems (McLeod, 2013).

According to C. Rogers, although the symptoms of the client’s illness have arisen based on the past, it will be more useful for the client to focus on the present and the future (Rogers, 1986). In contrast to C. Rogers, psychodynamic therapists seek precisely to free patients from the past and thereby cure existing diseases. But supporters of the concept of C. Rogers hope to help their clients achieve personal development and, finally, self-realization, realizing the mistakes of the past and effectively applying even n

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