Buy custom The Financial Performance Of Low-Cost And Full-Service Airlines In Times Of Crisis
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| Topic: |
Business
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| Number of pages / Number of words: |
31 / 8410 |
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We then analyze how the 9/11 events impacted the risk, that is, the systematic and unsystematic volatility of the airlines' stock returns. We choose Southwest as a representative of the low-cost carriers, and Northwest and Continental as firms that follow a full-service business model. The three airlines are of comparable size and were all profitable in 2000 and the first half of 2001, prior to the events of 9/11...
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We choose Southwest as a representative of the low-cost carriers, and Northwest and Continental as firms that follow a full-service business model. The three airlines are of comparable size and were all profitable in 2000 and the first half of 2001, prior to the events of 9/11. In addition, Northwest and Continental were picked for a baseline comparison based on the fact that, to date, neither has filed for bankruptcy protection as a result of the systemic shocks of 9/11...
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