Crisis Influence over the Aviation Market Segment
Paunicã Mihai () and
Honu Monica-Veronica ()
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Paunicã Mihai: The Bucharest University of Economic Studies Accounting and Management Informatics Systems
Honu Monica-Veronica: The Bucharest University of Economic Studies Accounting and Management Informatics Systems
Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 2, 566-571
Abstract:
Today’s economy is based on technology and innovation. The muzzle velocity has the daring task of defining the required standards and the necessary business-effectiveness. And what better example than one of the relatively recent industries that has shown a positive development over the years, taking into consideration the impact on human life: aviation industry. The purpose of this paper is to analyse the economical influences of the recent crisis on the national aeronautical industry. Therefore we will follow the movement of 30 companies in this particular segment, chosen due to the impact it has on the economy. In order to assess the influence of the crisis, we took into consideration some basic indicators such as market segmentation index and other concentration indices. Following market dynamics we observe an unconventional behaviours that betrays a high degree of assimilation between international decline and the aviation market economy.
Keywords: aviation industry; market segmentation; crisis. (search for similar items in EconPapers)
JEL-codes: L22 M31 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:566-571
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