Dr Jan Walulik is an Assistant Professor at Centre for Antitrust and Regulatory Studies, Faculty of Management, University of Warsaw and an Attorney practising in commercial and corporate law. He also lectures in Air Law at Warsaw School of Economics, Poland.

This study analyses the transition of the airline industry from the not-for-profit nation-bound public utility model towards a profit-oriented globalized industry. It illustrates how legal, political, historical and cultural factors have shaped the corporate governance in the airline sector, and describes how these factors influence economic decisions and performance. The unique feature of the book is that the subject is consequentially discussed from the perspective of airlines' governance culture. This approach links the examination of legal and policy factors which influence airline activities together with a discussion of economic issues, all within one clear, coherent and comprehensive framework.

Introduction Part I Nation-Bound Governance 1. Premises of Aeronationalism 2. Development of the Airline Nationality Concept 3. Legal Structure of the Airline Nationality Concept 4. Business Consequences of Aeronationalism Part II The Erosion of Nation-Bound Governance 5. Destabilization of Airlines' Governance Culture 6. Incoherence of the Airline Industry's Environment 7. Private Solutions to the Conflicted Environment Part III Commercial Governance Culture 8. Deregulation of Airline Nationality 9. New Regulatory Safeguards 10. Challenges to Commercialization 11. Progressing Commercialization Conclusions