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Impact of Aircraft Sourcing & Financing on Financial Success: A strategic view on basic aircraft sourcing & financing characteristics and their impact on stock market and long term financial performance of aircraft operating and holding companies: Edition KWV

Autor Ralf Günther
en Limba Engleză Paperback – mar 2019
Airlines follow different strategies of aircraft sourcing and financing. Basic decisions include the choice of buy versus lease and long term versus short term acquisition of aircraft. Additional fleet and fleet planning characteristics include the desired fleet size, average aircraft age, or possible surplus in capacity. 

Do these variables have an impact on financial success? Taking the perspective of a shareholder, the author uses multivariate regression methodology to evaluate abnormal returns in stock market's reaction to the terrorist attacks on September 11, 2001, the Financial Crisis 2008, and to aircraft accidents and aircraft orders 1994–2009. In further regression analyses the relationship of fleet variables to a company's revenue growth and profitability is examined.

Potential readerships include researchers and practitioners with interest in how decisions could be taken in favor of shareholders in an aircraft fleet planningcontext.
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Specificații

ISBN-13: 9783658240936
ISBN-10: 3658240938
Pagini: 241
Ilustrații: XXIII, 247 p. 1 illus.
Dimensiuni: 168 x 240 mm
Greutate: 0.44 kg
Ediția:1st ed. 2013, reprint 2019
Editura: Springer Fachmedien Wiesbaden
Colecția Springer Gabler
Seria Edition KWV

Locul publicării:Wiesbaden, Germany

Cuprins

1. Introduction.- 2. Basics of aircraft sourcing and financing.- 3. Development of the air capacity market.- 4. Financial performance of airlines and airline holdings.- 5. Summary of current situation and link to research topic.- 6. Research hypotheses and scope.- 7. Analysis of fleet planning decisions and financial success.- 8. Discussion of results against hypotheses and literature.- 9. Conclusion and recommendation.- Literature references.- Interview references.- Appendices.

Notă biografică

Ralf Günther published his work with Kölner Wissenschaftsverlag until 2018.

Textul de pe ultima copertă

Airlines follow different strategies of aircraft sourcing and financing. Basic decisions include the choice of buy versus lease and long term versus short term acquisition of aircraft. Additional fleet and fleet planning characteristics include the desired fleet size, average aircraft age, or possible surplus in capacity. 

Do these variables have an impact on financial success? Taking the perspective of a shareholder, the author uses multivariate regression methodology to evaluate abnormal returns in stock market's reaction to the terrorist attacks on September 11, 2001, the Financial Crisis 2008, and to aircraft accidents and aircraft orders 1994–2009. In further regression analyses the relationship of fleet variables to a company's revenue growth and profitability is examined.

Potential readerships include researchers and practitioners with interest in how decisions could be taken in favor of shareholders in an aircraft fleet planningcontext.


Caracteristici

Gives an insight into the impact of aircraft sourcing & financing on financial success Uses multivariate regression methodology and regression analyses The book is aimed at researchers and practitioners