James K.D. Morrison

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The air transportation system is a vital infrastructure that enables economic growth and provides significant social benefits. Future increases and volatility in crude oil prices, as well as environmental charges, are likely to increase the effective cost of fuel. We investigate the impacts of effective fuel cost increase on the US air transportation system(More)
The cost of aviation fuel increased 244% between July 2004 and July 2008, becoming the largest operating cost item for airlines. Given the potential for future increases in crude oil prices, as well as environmental costs (i.e. from cap and trade schemes or taxes), the effective cost of aviation fuel may continue to increase, further impacting airlines'(More)
The air transportation system enables economic growth and provides significant social benefits. Future increases and volatility in oil prices, as well as climate change policies, are likely to increase the effective cost of fuel. We investigate the expected impacts of higher fuel costs on the U.S. domestic air transportation system and discuss policy(More)
To meet aviation's CO 2 emission reduction targets while maintaining mobility in the face of increasing effective fuel costs, technology innovation will be required. The single aisle commercial aircraft market segment is the largest by quantity and value, but has the longest running product lines. New aircraft programs offer the largest potential gains in(More)
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