While most research on hedging has focused on foreign currency exposures, analysis of jet fuel price exposure in the airline industry and the effects of both financial and operational hedging on this exposure provides valuable insights into risk management. Exposure and hedging in the airline industry is relatively straightforward compared to foreign exchange hedging by multinationals. We inves...

This Essay is about air transport and EC competition Law. The air transport industry has, in many countries, developed as a mixture of public utility and commercial venture. With the deregulation of the airline market, the EC Commission has also, to an increasing extent, become involved in the competition aspects of the airline industry. Part I deals with the transportation industry. Part II di...

This paper aims at developing a teaching case of electronic-customer (e-customer). The U.S. commercial airline is used as an example to show how to develop e-customer chain model and apply it to the real industry in a classroom setting; and therefore, enhance the teaching of customer chain in a classroom. Specifically, first, an e-customer chain model in the commercial airline industry is devel...

A 1992 U.S. report found that the injury rate per 100 full-time workers for U.S. airline employees was 13.0 percent, compared with [a] private-sector average of 8.6 percent, “an indication of the hazardous nature of the airline industry.” During the period between 1978 and 1988, the report said there was no significant change in the rate. The report, which examined 1988 statistical data on occu...

A large fraction of US public stock is held by institutional investors that frequently hold shares in multiple firms in the same industry (“common ownership”). Concerns have been raised that common ownership might harm competition if it confers influence over important strategic decisions. Using data from the airline industry, we estimate the effects of common ownership on airline prices using ...

This paper identifies some of the forces that influence the impact of air transportation on regional connectivity and economic productivity in the United States. In light of recent threats to the financial viability of the airline industry, a conceptual model has been developed to highlight the interdependence of the national economy and the air transportation system. These complex relationship...

Airline industry is one of the main infrastructures for sustainable development of a country. The quality of the reverse support service will be effective in increasing the safety and health of the structures, reducing the impact of disasters and reducing costs. The aim of this study is to evaluate the performance of an organization based on the main factors of reverse supply chain with the ser...

As demand increases, airline carriers often increase flight frequencies to meet the larger flow of passengers in their networks, which reduces passengers’ schedule delays and attracts more demand. Focusing on the “network effects”, this paper develops and estimates a structural model of the U.S. airline industry. Compared with previous studies, the model implies higher cost estimates, which see...

This paper focuses on the airline industry on the Web and develops a customer-oriented airline site evaluation framework (ASEF). ASEF is specificoriented towards the airline sites. It may be useful not only to users that purchase airline services via Internet but also to designers and developers of airline websites. It may be used as a guide in order to improve their services considering all qu...