The paper explores the long versus short-term attributes of the airline industry exposure to oil price risk in a macroeconomic framework that emphasizes the interconnections between various risk factors, which is the main contribution to the research in the field. A panel ARDL model and PMG...

'Future skills'; increase employees' prospects in the labor market, particularly in dynamic times, such as the current COVID-19 pandemic. (Not only) in Germany, flight attendants represent an occupational group without state-recognized vocational occupation who are particularly affected by the...

Inter-firm competition in the field of aviation, which accelerates through liberalisation and globalisation trends, has been investigated by numerous studies in the post-deregulation era; however, it has not been adequately addressed in Turkish aviation market. The aim of this study is to unveil...

The COVID-19 pandemic is posing an existential threat to the air transport sector globally, including in Africa. Due to sustained and significant loss of revenue coupled with the presence of several fixed and quasi-fixed inputs in this sector, the survival of carriers is questionable in the...

The COVID-19 pandemic is posing an existential threat to the air transport sector globally, including in Africa. Due to sustained and significant loss of revenue coupled with the presence of several fixed and quasi-fixed inputs in this sector, the survival of carriers is questionable in the...

Climate change will further increase not only the frequency but also the intensity of extreme weather events. As a result, weather conditions favouring pneumonia occurrence - suddenly warmer weather during cold seasons - can increase due to higher meteorological variability which is also linked...

The main objective of this paper was to establish factors that affect employee productivity at Kenya Airways headquarters Nairobi Kenya. The paper was guided by two objectives which were; motivation, and how working conditions affect employee productivity in the air transport industry. The paper...

We compare the management discussion and analysis sections (MD&As) of 1) Korean and Chinese airlines in their home countries, with different MD&A regulations; 2) a Chinese airline dual-listed in both the Chinese and U.S. markets, with different levels of information disclosure discretion; and 3)...

Die Europäische Union strebt mit den Maßnahmen des Fit-for-55-Pakets eine Verringerung der CO2-Emissionen bis 2030 um 55% an, verglichen mit dem Stand von 1990. Diese Reduktion soll durch verschiedene Maßnahmen erreicht werden, die auch die kommerzielle Luftfahrt betreffen. Dies sind unter...

The COVID-19 outbreak dealt a severe blow to the global economy, especially to the airline industry, due to worldwide lockdown measures implemented by the authorities. This paper aims to investigate the impact of the COVID-19 pandemic on the airline stock performance of seven markets in Asia and...

Understanding the risky nature of the airline industry has received attention in the tourism literature from separate angles. Although the systematic risk of the airline industry has been examined before, idiosyncratic risk has largely been ignored. This study fills this gap in the tourism...

Confronted with new global competitive environment, rising R&D costs, growing integration of different technologies, shorter life cycles, and increased pace of innovation, high-tech companies increasingly collaborate with external partners. Innovation networks became unconditional driver of...

Purpose: This paper analyzes the longitudinal development of outsourcing research and practical applications in aviation technical services through a comparison with information technology (IT) outsourcing to find commonalities, differences, and trends. Although these large knowledge-intensive...

According to Nobel Laureate Edmund Phelps (2013, p. 123), Mises’s critique of economic calculation under socialism renders him the originator of the economic analysis of property rights. This paper also suggests that implicit to Mises’s impossibility theorem was also the origins of the...

The formation of airline parallel alliances is harmful because it concentrates the market, however, under certain circumstances may be beneficial. In particular, vertical airport-airline agreements allow the airport to influence the downstream market, changing the effects of parallel alliances....

We show that the main claim in Dennis, Gerardi, and Schenone (JF forthcoming) (DGS), namely "that the documented positive correlation between common ownership and ticket prices stems from the market share component of the common ownership measure, and not the ownership and control components,"...

Scope of the article will cover analysis of special customs procedures and other facilitations that can be used in MRO business. The two research questions that are answered in the paper are: what customs procedures can be used, how they work and if those can reduce costs of MRO operations...

Background: The main goal of this case study is to analyze the air traffic, air cargo, and the safety-hygiene air corridor between UK and Spain, in airports managed by MAG Group (UK) and AENA Group (Spain). Methods: To review the specific paradigm of research which discusses, investigates, and...

The main objective of this paper was to establish factors that affect employee productivity at Kenya Airways headquarters Nairobi Kenya. The paper was guided by two objectives which were; training and wages and how they affect employee productivity in the air transport industry. The researcher...

Pumps, pressure drops across fittings, and flight operations (such as turning manoeuvres, take-off, and landing) are some of the many sources of turbulence mixing and shearing in aircraft fuel systems, therefore, making it an inevitable condition. Literature established that shearing conditions...

The COVID-19 pandemic can be considered an unparalleled disruption to the aviation industry in the last century. Starting with an at-that-time inconceivable reduction in the number of flights from March 2020 to May 2020, the aviation industry has been trying to navigate through and out of the...

In the light of finite oil reserves, Persian Gulf oil-exporting economies have recently undertaken major investments in their domestic travel and tourism industries. Building on the Bayesian SVAR model of the global oil market in Baumeister and Hamilton (2019), we investigate the conditional...

The COVID-19 pandemic affected the tourism sector. We investigate the impact of COVID-19 on tourism industry and specifically the possible shocks transmitted from the aviation sector to the rest sectors of tourism and how the last response to volatility. We found that shocks during the pandemic...

The aviation sector contributes by 4% to the global economy. However, it has been reported that the sector is responsible for 2% of net global CO 2 emissions, and 12% of the global transportation sector alone. The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) can...

The dynamics of evaporating and non-evaporating drops falling in air under the influence of gravity is experimentally and theoretically studied in this work. Water and acetone drops with diameters 2.0 were tracked for approximately 2 m, corresponding to a flight-time of almost one second....

Abstract Modern commercial aircraft can experience significant solar loading during turnaround when the aircraft is stationary on the tarmac. With the increased usage of composite materials, a change in the aircraft thermal environment results due to the substantial difference in metal and...

This study identifies relevant innovations and discusses value creation in the aviation industry between 2000 and 2019. Aviation experts with experience in innovation were selected and invited to complete a survey identifying the leading innovations in the industry. This study contributes to...

The safety of the commercial airline industry has attracted considerable public attention and debate since economic deregulation of the industry in 1978. These concerns have energized economic research on three aspects of airline safety. First, has the level of airline safety declined since...

We examine two factors that might explain the extent of air traffic delays in the United States: network benefits due to hubbing and congestion externalities. Airline hubs enable passengers to cross-connect to many destinations, thus creating network benefits that increase in the number of...