novel, practical way of evaluating strategic decisions to choose the best fleet portfolio and make airlines rely on the …

engaging in joint ventures, as well as its acquisitions and minority stakes in airlines such as Air Dolomiti, Swiss … International Air Lines, Austrian Airlines and Brussels Airlines. The case study not only explains Lufthansa's internationalization …

learnt from the spreads of airlines' credit default swaps (CDSs). This would seem of the utmost importance, given the … epicenter of the crisis within the credit market. In this paper, an in-depth analysis of airlines' CDS spreads is conducted. It … is found that they were severely hit, for all airlines studied. However, the results of the PSY test showed that …