Pii: S1366-5545(99)00004-6
نویسنده
چکیده
In this paper, an exploratory study of failure and distress prediction models is presented based on a qualitative survey among new-entrant airline managers and a quantitative data source containing ®nancial and trac data of new-entrant airlines. Using logistic regression, it became evident that qualitative variables are a viable source for model construction. They contribute to a deeper understanding of the underlying distress and failure process. A number of signi®cant predictor variables are discussed in the context of managing new-entrant airlines. Ó 1999 Elsevier Science Ltd. All rights reserved.
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