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 …

-held title as the world's largest airline - as well as the failed merger of Greece's two largest airlines, Olympic Air and Aegean … United and Continental merger, explaining pertinent portions of each airline's corporate history over the past 10 years … between the two unions - such as distinctions between the size and concentration of the U.S. and Greek/European airline …