This paper uses cross-sectional data for 155 routes connecting Dubai to various international destinations to assess the relationship between air travel openness, representing airline agreements and the framework governing airlines, and the economic performance of Emirates Airline. We find that...

It is sometimes contended that large airlines cut their advertising expenditure in reaction to major accidents and postpone it until after the memories of accidents have dissipated. This paper assesses the relationship between safety perceptions and airline advertising expenditure based on the...

Since the early 1980s, the international market of airline passengers is witnessing major turbulences. While in the USA, the EU or the ASEAN different strategies have been adopted to face the new situation, Arab countries show no clear strategy. Given the importance of this market for labor and...

This article presents theoretical evidence of an inverse relationship between the advertising elasticity of demand and the safety elasticity of advertising. It also finds that under a lower level of safety, advertising expenditure is driven directly by the responsiveness of demand to advertising.

This paper investigates the long-run relationship between advertising expenditure and enplanement (representing the number of passengers boarding an aircraft), advertising expenditure across carriers, and advertising expenditure and market concentration for the six largest US airlines....

This paper tests for market efficiency in the represented sectors of the Dubai Financial Market (DFM) and the Abu Dhabi Securities Market (ADSM). Using daily sectoral indexes between 2000 and 2005, variance ratio tests reject the random walk hypothesis in all sectors of the UAE financial markets...

This paper models consumers as expected utility maximizers in order to provide a theoretical assessment of the optimal fares that consumers are willing to pay when faced with uncertainty about airline safety. It is found that under an unsafe state of the world, consumers are willing to pay...

The inquiry examines whether consumers exhibit imperfect recollection about airline accidents. The state of the world is modelled with a Poisson distribution that updates over time. It is found that passengers of small carriers forget about accidents over time, thus leading to a 539% cumulative...

This paper assesses the impact of perceptions about the safety level of airlines on enplanement. Consumer perceptions are specified with a Poisson distribution that updates over time. Using two different empirical specifications via a pooled generalized least squares procedure with fixed...