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Over the last decade the airline industry has experienced extreme financial adversity. Whilst external low probability … proactive turnaround. I use a neural network approach to predict airline performance. The industry is international airlines … year changes causing fluctuations in airline profitability. The results show that a multi-year dataset for performance …
Persistent link: https://www.econbiz.de/10013066269
This paper examines the relationship between airline profitability and market share in the context of contemporary … strategic business theory.The paper provides a general overview of the business environment in which airlines operate, provides … some of the organizational goals airlines pursue, and develops a situation assessment template for the airline industry …
Persistent link: https://www.econbiz.de/10012723729
This paper analyzes third-degree price discrimination of a monopoly airline in the presence of congestion externality …
Persistent link: https://www.econbiz.de/10010421801
The present paper develops Adaptive Trees, a new machine learning approach specifically designed for economic forecasting. Economic forecasting is made difficult by economic complexity, which implies non-linearities (multiple interactions and discontinuities) and unknown structural changes (the...
Persistent link: https://www.econbiz.de/10012203223
Machine Learning algorithms have been widely used and proven effective in financial markets. In this paper, we introduced a Machine Learning model set trained on the residual factors from the Fama-French three-factor model (Fama and French, 1992) to find significant alpha factors. To include...
Persistent link: https://www.econbiz.de/10014349143
Nowcasting can play a key role in giving policymakers timelier insight to data published with a significant time lag, such as final GDP figures. Currently, there are a plethora of methodologies and approaches for practitioners to choose from. However, there lacks a comprehensive comparison of...
Persistent link: https://www.econbiz.de/10014084603
frequency, passenger connecting costs, airline endogenous hub location and route structure strategic competition. We find that …
Persistent link: https://www.econbiz.de/10010225784
We explore how pricing dynamics in the European airline industry vary with the competitive environment. Our results … highlight substantial variations in pricing dynamics that are consistent with a theory of intertemporal price discrimination …
Persistent link: https://www.econbiz.de/10010358240
In the last two decades, airline alliances were not only successful in extending the size of their networks, but also …’ competitive strategies as well as productive efficiency. Using U.S. DOT T100 International Segment data and applying airline … implications for the balancing of competition and cooperation in transatlantic airline markets. …
Persistent link: https://www.econbiz.de/10011316436
We investigate the impacts of five airline mergers on one quality dimension, namely route frequency. We use monthly …
Persistent link: https://www.econbiz.de/10011715887