Current challenges in a ‘Distressed’ industry

Peter Morrell

Journal of Air Transport Management, 2011, vol. 17, issue 1, 14-18

Abstract: This paper examines the current airline industry downturn and shows that the most recent available financial and operating estimates for the industry in 2009 look optimistic. Airline share prices have been worse affected than other sectors and air cargo has turned down sharply. While the financial position for the larger European airlines starts in a stronger position that pre-September 11th 2001, aircraft orders outstanding are higher and the economic fundamentals much worse.

Keywords: Airline industry downturn; Airline forecasts; Airline liquidity (search for similar items in EconPapers)
Date: 2011
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0969699710000906
Full text for ScienceDirect subscribers only

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:eee:jaitra:v:17:y:2011:i:1:p:14-18

DOI: 10.1016/j.jairtraman.2010.10.004

Access Statistics for this article

Journal of Air Transport Management is currently edited by Anne Graham

More articles in Journal of Air Transport Management from Elsevier
Bibliographic data for series maintained by Catherine Liu ().