Article ID Journal Published Year Pages File Type
5060354 Economics Letters 2013 5 Pages PDF
Abstract
► We explore the impact of fatality caused by aviation disasters on the equity performance of airlines. ► Crash airlines experience deeper negative abnormal returns than their rivals as fatality increases. ► Non-crash airlines also suffer in large-scale disasters. ► In minor-fatality disasters non-crash airlines benefit from such events.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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