market share to ground carriers and a sharp decline in profits. Therefore, airline industry is very sensitive to oil price …

MH370 flight in the Indian Ocean and flight MH17 over Ukraine in 2014. It follows the path of a national airline company …, yielding vital insights into the functioning of state-owned airline corporations outside the US and Europe. This case study … contributes to the literature by reviewing the difficulties faced by such state-owned airlines and why airline companies …