Industry Issue Paper: An Update on Airline Financial Condition and Insolvency Prospects Using the Altman Z” Score Model

Richard D. Gritta, Bahram Adrangi, Brian Adams and Nina Tatyanina

Journal of the Transportation Research Forum, 2008, vol. 47, issue 2

Abstract: Stricken by the events of Sept. 11, 2001, and by increases in fuel prices, a key cost which has spiked upward as the price of oil has risen to more than $130 per barrel, the airlines find themselves, once again, in fragile financial shape. The purpose of this article is to measure the financial condition of the industry, given this situation, using a popular financial stress model, the Altman Model.

Keywords: Financial; Economics (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/206916/files/1726-3111-2-PB.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:ndjtrf:206916

DOI: 10.22004/ag.econ.206916

Access Statistics for this article

More articles in Journal of the Transportation Research Forum from Transportation Research Forum
Bibliographic data for series maintained by AgEcon Search ().