efficient assets, but this may crowd out replacements outside the policy. Using asset-level data from the airline industry, I …

Understanding the risky nature of the airline industry has received attention in the tourism literature from separate … angles. Although the systematic risk of the airline industry has been examined before, idiosyncratic risk has largely been … systematic and idiosyncratic risks of the U.S. airline industry. Using historical air travel data and utilizing both OLS and …

Over the last century, the passenger airline industry has undergone a series of transformations, with Lufthansa being a …