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Dr Peter Morrell is a senior consultant with ACG-UK and visiting professor at Cranfield University.

He graduated in economics from Cambridge University and subsequently gained a Masters in air transportation from the Massachusetts Institute of Technology, where he worked on NASA sponsored research into airline forecasting and profitability. He has a doctorate from Cranfield University. He initially worked with merchant bank, Lazard Brothers, in the City of London, before joining the Association of European Airlines in Brussels as an economist in 1971. He worked as an air transport consultant from 1978 to 1991, initially with Alistair Tucker Associates and subsequently independently.

He is a former head of the Department of Air Transport at the College of Aeronautics at Cranfield University, where he held a chair in air transport economics and finance. He is the European Editor for the Journal of Air Transport Management and on the editorial board of Tourism Economics, continuing to review papers submitted to academic journals in the air transoport field, as well as grant applications. He is the author of the textbook Airline Finance (the third edition of which was published in 2007, and a Chinese edition in 2007), Moving boxes by air: the economics of international air cargo (2011) and has written many articles for both academic and industry journals.

He has been involved in numerous airline and airport projects worldwide. Airline consultancy has included work for British Airways, British Midland, Virgin Atlantic, Qantas, LOT Polish Airlines, SAS, Air One, Royal Nepal Airlines and a number of African and Caribbean airlines. Airport projects have been as far afield as Argentina and Mongolia, and included Hannover, Berlin, Luton and Barcelona in Europe. He also directed a number of major studies for the European Commission, the last being a series of annual reports on the EU air transport industry and special reports on such topics as aviation fuel and air cargo (published on the European Commission website). He has most recently advised the government of Georgia on the creation of a national airline, and a number of private equity investors on airports that included Fraport and Zurich.

He has lectured on numerous industry courses, and directs the Airline Finance course at Cranfield. He lectured on airline industry regulation for the Royal Aeronautical Society’s annual Oxford Air Transport Course, and has taught airline management at the French L’Ecole National de l’Aviation Civil (ENAC), Donau-Universität in Austria, Chang Jung University in Taiwan, the Hong Kong Ploytechnic University and the Brazilian Instituto de Aviaçao Civil. He has also lectured on in-house management courses for airlines which included British Airways, Virgin Atlantic, Singapore Airlines, Malaysia Airlines, South African Airways, Finnair, LOT Polish Airlines, Emirates Airlines and Cyprus Airways, and courses for other clients such as British Telecom. He is currently providing the airline finance module to Cranfield University’s Air Transport MSc and the airline management module for Krems’ (Austria) MBA Aviation.

Professor Peter Morrell is Senior Associate and Consultant at ACG-UK.