This study investigated how airline stock prices respond to fuel price shocks using the asymmetric Glosten … prices. Based on our empirical results, a fuel price shock triggered fluctuations in airline stock returns. Moreover … relationships between their stock returns and fuel price shocks. Also, fuel price shocks significantly impacted airline stock …

This paper explores the intricate relationship between oil prices and airline stock returns, considering different time …-Ukraine war. Our quantile coherency analyses reveal that the relationship between oil prices and airline stock returns is not … consistent and varies across different time horizons and market conditions (bearish, normal, bullish). This suggests that airline …