The creation of a market in bankruptcy claims is the single most important development in the bankruptcy world since the Bankruptcy Code’s enactment in 1978. Claims trading has revolutionized bankruptcy by making it a much more market-driven process. The limited scholarly literature on claims...

The major air transport markets at the early part of the 21st century are failing to generate sufficient revenues to cover their long-run costs. Many airline are being supported by subsidies, going out of business (e.g. Sabena, Ansett, Canadian International, Swissair) or having to resort to...

Much of the recent attention in Europe regarding the use of transport as an instrument of integration has centered upon the creation of an appropriate infrastructure as illustrated by the TENs Programmes of the European Union.There are also issues concerning the way operations and use of...