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| Author: | Alderighi, M. Cento, A. |
| Title: | European airlines conduct after September 11 |
| Journal: | Journal of Air Transport Management
2004 : MAR, VOL. 10:2, p. 97-107 |
| Index terms: | Air transport Airlines Europe Crisis management |
| Language: | eng |
| Abstract: | The paper analyses the reorganisation that European carriers have implemented after September 11 in the transatlantic flights. The authors model carriers' conduct as a mixture of short-and-long-term goals, where the weights depend on firm-specific variables (adjustment costs, financial situation) and and subjective expectations on the crisis duration. Data provide some support to the that high adjustment cost induce low flexibility and a focus on the long term; and that a bad financial situation shifts the carries attention to short-term. |
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