Malighetti, Paolo; Meoli, Michele; Paleari, Stefano; … - Dipartimento di Ingegneria Gestionale, Università … - 2009
This paper analyzes the value determinants for both airports and airlines. The analysis is based on a sample of 24 … airport operators and 87 airlines listed on international financial markets on 31 December 2007. We analyse the value drivers … for both airlines and airports by studying the determinants of the Tobin’s Q. On average airport operators have a market …