Rapidly growing air traffic and increasingly unstable climatic conditions have brought great pressure to bear on airport and airline Safety Management Systems (SMSs). Each item of airport infrastructure is designed to certain environmental specifications, which defines the pilot's perception of...

This article discusses the financial efficiency of 42 airlines from 25 countries, in 2001 (the year of the September 11 terrorist attack in the United States), and their profitability in the following year. The Malmquist index was used to indicate the airlines’ capital structure changes from...

This article addresses performance, financial strategy and efficiency in the worldwide civil aviation industry. The sector's basic regulation and the need for large investment are characteristics of air transport industry. These resources are financed by the company's own capital and that of...

<title>Abstract</title> This paper examines the causal relationship between economic growth and domestic air passenger transport in Brazil, using Granger's causality test. Total domestic passenger-kilometres are used as a proxy for air transport demand and gross domestic product as a proxy for economic growth....

The intention to privatize Brazilian public enterprises dates from 1990. As with other enterprises, a board was appointed at the Brazilian Airport Infrastructure Enterprise to prepare it for privatization. Although the enterprise remains public, there are clear signs of substantial changes in...

This article presents a managerial approach to the airline capital structure through a definition of an efficient frontier. To develop the analysis a technique called data envelopment analysis was used. This paper tests the hypothesis that airline industry's financial performance depends on...