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 …

By selecting a globally representative dataset of airline indices, this study demonstrates that oil price or oil price … airline stock prices. Overall, these findings are contrary to the general perception that higher oil prices or oil volatility … hedging positions as appropriate. However, airlines stocks appear to be significantly prone to the combined effects of oil …