Download Airline Industry: Strategies, Operations and Safety by Connor R. Walsh PDF

By Connor R. Walsh

This e-book provides a complete assessment of the recommendations, operations and defense of the airline undefined. themes mentioned herein comprise a monetary historical past and research of the U.S. airline undefined; outsourcing options of full-service airways; measuring and benchmarking airport potency; carrier caliber and inner alterations between participants of the airline alliances; measures used to time table airline group lower than a variable workload utilizing fastened days on and days off styles; and widespread flyer mile utilization between passengers.

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Extra info for Airline Industry: Strategies, Operations and Safety (Transportation Infrastructure - Roads, Bridges, Highways, Airports and Mass Transit)

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The periods tested are regulation, crashes and 9/11. Additionally, the findings of Chapter 3b show that return variability is partially explained by dividends. Therefore, Divit is the total dividend paid for year t by carrier i. To test the effect of 9/11 on stock return variability, the same difference of means test is employed where the dummy variable equals 1 starting with the month October 2001, 0 else. As with regulation, various pre-event periods are defined. To gain a broad perspective, first, the pre-event period is defined as April 1935 through August 2001.

Similarly, shippers could choose substitute products or not ship, but their demand is probably the most necessary of the three groups. Therefore, I investigate the relation between macroeconomic variables as a proxy for business cycles and the risks faced by shareholders. 34 Ray R. Sturm Prior Literature Regulatory effects Previous studies examined market effects during the deliberation stage of the Deregulation Act of 1978. Edelman and Baker (1996) studied the effect on shareholder wealth of the Act‘s phase-in provisions.

Krishnan and Moyer (1996) examine the determinants of capital structure of large corporations in industrialized countries. For the period 1988-1992, they find support for the pecking order theory of capital structure with past profitability being the major determinant of leverage. Sharma, Kamath and Tuluca (2003) revisit the capital structure decisions using the neural networks methodology. They find that non-debt tax shields and profitability are related to debt ratios, but the relation is non-linear.

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