Abstract We investigate the allegation that legacy US airlines communicated via earnings calls to coordinate with other in offering fewer seats on competitive routes. To this end, we first use text analytics build a novel dataset communication among about their capacity choices. Estimates from our preferred specification show number of offered is 2$\%$ lower when all market discuss concept “cap...

The relevance of corporate environmental, social, and governance performance (ESG) has increased significantly during the last few years. airline industry is susceptible to such practices, which explains its selection for analysis purposes in this study. This paper analyzes influence Travel & Tourism Competitiveness Index constituent factors on variables a sample leading companies w...

Classical models of product market competition maintain that firms maximize their profits regardless of their financial condition. Yet over the last two decades a growing theoretical literature has examined whether a firm’s capital structure impacts competition in the market for the firm’s products. In this paper we ask whether a firm operating under bankruptcy protection significantly reshapes...

Airlines have been recently debated the management of some of their non-core divisions, such as the Frequent Flyer Program (FFP).A spinoff is a form of corporate contraction that many companies have recently chosen. Through a spinoff, both the parent company and the divested subsidiary can each focus on their own activity, which translates into a better performance of both entities. This thesis...

Payouts play an important role in the relationship between shareholders and agents in terms of rewarding the decisions of shareholders. Previous studies have observed that payout decisions appear in different ways depending on an industry's financial and operating structures. Since the airline industry has been characterized as high debt dependency, this study presumes distinctive characteristi...

We employ ratio-based, deterministic, and stochastic frontier approaches to investigate fuel efficiency among 15 large jet operators (mainline airlines) in the U.S. Given the hub-andspoke routing structure and the consequent affiliation between mainline and regional carriers, we consider not only fuel efficiency of individual mainline airlines, but also the joint efficiency of each mainline and...

Civil aviation will soon celebrate its centenary. It emerged as a universal means of transportation, to which the latest technological innovations of many kinds have never ceased to be applied. Nowadays different vendor companies have developed an extensive range of solutions to improve the passenger’s journey, streamline and integrate airline and airport operations, track baggage and cargo, an...

This research looks into the influence of the service quality and price on customer’s satisfaction and loyalty of commercial airline service industry. The objective of this research is to test and analyse the effect of service quality and price toward customer’s satisfaction and loyalty. This research used primary data through a survey of 310 respondents. The respondents were passengers, who ha...

D choice models are appealing for airline revenue management (RM) because they offer a means to profitably exploit preferences for attributes such as time of day, routing, brand, and price. They are also good at modeling demand for unrestricted fare class structures, which are widespread throughout the industry. However, there is little empirical research on the practicality and effectiveness o...