All three events have negative impacts on stock prices in the global airline industry. However, the effect of the first event on the first case reported outside China (Event 1) seems to be underestimated by global stock traders. The negative impact is minimal, implying that the event did ...
To assess the impact of COVID-19 on airfares, price dispersion, and airlines' intertemporal price discrimination, we rely on a fixed effect panel regression model with robust standard errors, with each observation corresponding to a flight. The time variable T is equal to 2, as we observe eac...
Before COVID-19, an airline boasted an ROIC well ahead of the overall industry’s rate of 5.8 percent. Not only did its stronger position pre-COVID-19 enable it to navigate the crisis thus far without taking on government loans of the scale relative ...
COVID-19 has drastically decreased airline traffic across all routes, but the volume of connecting passengers has been among the hardest hit. Questions have arisen as to whether the current crisis will lead to structural changes within the industry. On the network side, this includes a de...
Studies also considered the consequences of health crises like the SARS and the current Covid-19 pandemic on firm performance. Such outbreaks challenge health care, economic, and financial systems worldwide. The problem is more severe for the airline industry because the shutdown significantly restric...
During the COVID-19 months of 2020 (March–December), both air traffic volume and the absolute number of wildlife strikes were reduced. The net effect of these two movements, however, was an increase in the wildlife strike rate from May 2020–September 2020. This increase was found to be ...
Workers in protective suits stand near planes of Air China airlines at Beijing Capital International Airport as coronavirus disease (COVID-19) outbreaks continue in Beijing, China January 6, 2023. REUTERS/Thomas Peter By Brenda Goh and Martin Quin Pollard SHANGHAI/BEIJING (Reuters)...
In addition, as a result of the Process Macro analysis, it was found that perceived trust has a high mediating effect on the effect of COVID-19 fear on the intention to use. The research results show that people's attitudes towards COVID-19 shape the perception of robot usage in air ...
These above measures will go into effect on January 8, 2023. Chinese authorities reassured the public over New Year celebrations. After the authorities and official media declared the COVID-19 outbreak under control and about to approach its peak, thousands of people came to the streets to c...
The purpose of this paper is to analyze the effects of uncertainty shocks on airline employment in the light of the current global pandemic. The airline industry has faced many threats throughout history, but none quite as rapid and severe as the one posed by the spread of COVID-19. One ...