Bijan Vasigh is Professor of Economics and Finance in the College of Business at Embry-Riddle Aeronautical University, Daytona Beach, Florida. He received a Ph.D. in Economics from the State University of New York and has published many articles concerning the aviation industry. Brian Pearce is Honorary Professor at University College London Bartlett School’s Air Transportation Systems Laboratory and also a Visiting Professor at the Centre for Air Transport Management at Cranfield University. He previously served as the Chief Economist of the International Air Transport Association's (IATA).