passenger airlines. Moreover, the results of the fully modified least square estimation suggest that aviation fuel hedging has …Purpose: Investigation of the relation between firms’ values and aviation fuel hedging activities via a dynamic panel … data from nine U.S. major passenger airlines representing 77.2 per cent of the U.S. domestic airline industry, in terms of …

passenger airlines. Moreover, the results of the fully modified least square estimation suggest that aviation fuel hedging has …Purpose: Investigation of the relation between firms' values and aviation fuel hedging activities via a dynamic panel … data from nine U.S. major passenger airlines representing 77.2 per cent of the U.S. domestic airline industry, in terms of …

and over time. Using panel data of the U.S. airline industry, we find significant differences on the pattern of … results suggest that if HHI increases by 0:1, the log likelihood of a major airline choosing complete outsourcing relative to … no outsourcing, goes up by 3.3%. This log likelihood goes down by 5.8% if the major airline's market share increases by 0 …

to a nonstop itinerary is a cost incurred by the passenger. An airline is able to reduce a passenger's layover time by … passenger's purchasing decision and an airline's flight scheduling decision. Using published fare and itinerary data from Google … U.S. airline industry. This paper finds that passengers are compensated with a fare that is $42.74-$47.60 cheaper per …

We investigate the effect of competition on price dispersion in the airline industry. Using panel data from 1993 to …

structural oil supply and demand shocks. We find that investing in the Datastream World Airline Index offers a hedging benefit … Hamilton (2019), we investigate the conditional comovement of airline stock returns with real oil prices in response to … negative comovement following shocks to world economic activity and airline stock returns. …

airline fuel costs. Our estimation results suggest that differences in reported fuel costs across airlines (due to …Major airlines rely on fuel hedging to manage risk of volatile fuel prices. We show that fuel hedging leads to lump sum … heterogeneous fuel hedging outcomes) lead to significant differences in ticket prices. In particular, a 10% reduction in the …