Nandha, Mohan; Brooks, Robert; Faff, Robert W. - In: Journal of accounting & management information systems … 12 (2013) 2, pp. 302-318
By selecting a globally representative dataset of airline indices, this study demonstrates that oil price or oil price regimes (delineated by the first gulf war and the 9/11 terror attacks) alone do not have any significant implications for airline stock prices. Overall, these findings are...
