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This paper estimates the relationship between the strength of economic shocks and temporal recovery in the world air transport industry. Our results show that world recovery of passenger demand to pre-COVID-19 levels is estimated to take 2.4 years (recovery by late-2022), with the most...
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Over the last decade the airline industry has experienced extreme financial adversity. Whilst external low probability … proactive turnaround. I use a neural network approach to predict airline performance. The industry is international airlines … year changes causing fluctuations in airline profitability. The results show that a multi-year dataset for performance …
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difference, among the merging firms. We use a sample of 19 horizontal M&As in the international airline industry and data …
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Alliances have become the organization model of choice in many industries. This study uses data from the Airline … Business annual surveys of airline alliances to test a proposed typology predicting survival and duration in airline alliances …. The Rhoades-Lush typologies classified key activities of airline alliances by their level of complexity and resource …
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Over the past decades multilateral alliances have blurred the borders between airline companies around the world. A … processes. In this chapter multilateral airline alliances are explored through the lenses of the structural-holes and network … hierarchy bears better fruit than opportunities generated in a loosely coupled multilateral airline alliance. We argue that a …
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Northwest joining the Skyteam alliance leading to three major US carriers in Skyteam. Unlike most US airline mergers European … stable profitability was not secured, raising many questions about airline mergers and the profitability of airlines in …
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