Fundamentals and Structure of Aviation Systems

Abstract

The history of aviation beginning with the first drawings and flying items goes back to the fifteenth century. The aviation industry has grown to a remarkable size over the centuries and is one of the important industries of economic growth today. The aviation industry is structured along the aviation value chain. Air transport is characterised by high fixed costs, low profit margins in a growing market, and by its dependence on external factors. The stakeholders of aviation profit from the economies and drivers of aviation. The aviation system model includes different environments, such as the economic, ecological, social, technological and political environments, which are the platform of the aviation market.