The paper explores the long versus short-term attributes of the airline industry exposure to oil price risk in a … investigate the long-term equilibrium relationship between airline companies' stock prices, oil price risk, financial market … contribution, the paper analyses the prospects and challenges of the airline industry in dealing with oil price risk in the post …

This study investigated how airline stock prices respond to fuel price shocks using the asymmetric Glosten … prices. Based on our empirical results, a fuel price shock triggered fluctuations in airline stock returns. Moreover … relationships between their stock returns and fuel price shocks. Also, fuel price shocks significantly impacted airline stock …