Impact of sustainability on financial distress in the air transport industry: the moderating effect of Asia–Pacific

Y Shi, X Li, M Asal - Financial Innovation, 2023 - Springer
The tremendous impact of the coronavirus pandemic on the global aviation industry has led
to many cases of airline financial distress and bankruptcy. The Asia–Pacific region (APAC) …

Determinants of financial distress in the European air transport industry: The moderating effect of being a flag-carrier

Y Shi, X Li - Plos one, 2021 - journals.plos.org
Due to the COVID-induced global collapse in demand for air travel, the year 2020 was a
catastrophic one for the aviation industry. A dramatic drop in operating revenues along with …

Covid-19, Financial Risk and the Airline Industry

K Kiracı - Journal of Mehmet Akif Ersoy University Economics …, 2021 - dergipark.org.tr
The aim of this study is to investigate which financial variables increases or decreases the
risk of the bankruptcy of airlines during periods of crisis when there is a possibility of …

Return premium of financial distress and negative book value: Emerging market case

Y Kakinuma - The Journal of Asian Finance, Economics and …, 2020 - koreascience.kr
The purpose of this paper is to examine a financial distress premium in the emerging market.
A risk-return trade-off of negative book equity (NBE) and distress firms is empirically …

The Mediating Effect of Financial Literacy on Blockchain Technology Application and Financial Risk: Insight from Ghanaian Professionals towards Policy …

MM Okpoti, WK Peprah - International Journal of Economics and …, 2024 - econjournals.org.tr
This study explores the mediating effect of financial literacy on the relationship between
blockchain technology application and financial risk among financial institution …

Research on comparing Z-Score, O-Score and X-Score models in analyzing factors affecting financial risk in medical companies listed on Vietnam stock market

HT Vu, LTT Tran - Conference on Contemporary Economic Issues in …, 2022 - Springer
Based on financial risk studies, this chapter analyzes the factors affecting financial risk
through the Z-score, O-score, X-score model and data of 21 medical enterprises listed on …

Havayolu işletmelerinde finansal başarısızlık riskinin belirleyicileri

A Alıcı - International Journal of Aeronautics and Astronautics, 2021 - dergipark.org.tr
Havayolu işletmeleri tarihsel süreç içerisinde farklı krizler neticesinde finansal başarısızlığa
maruz kalmışlardır. 1978 yılındaki petrol krizi neticesinde yakıt maliyetleri artarak finansal …

[HTML][HTML] Evaluating the Drivers of Airlines Profitability in Nigeria Domestic Network

CO Amaechi, CC Ibe, EA Ejem, GN Okeudo - Journal of Transportation …, 2022 - scirp.org
A firm's profitability is critical to its competitiveness and sustainability. This research looked
at the elements that influence airline profitability in Nigeria. From 2005 to 2019, two airlines …

Macroeconomic Determinants of Financial Failure Risk in Airlines

A Alıcı - Journal of Aviation, 2023 - dergipark.org.tr
The objective of this study is to identify the macroeconomic factors that influence the risk of
financial failure in the aviation industry. Within the parameters of the study, a sample of …

Análisis de las aerolíneas en Colombia: estructura financiera y probabilidad de quiebra

AD Marín Marín, JL López Meneses - 2023 - repository.eafit.edu.co
Diferentes aerolíneas han cerrado sus operaciones debido a dificultades financieras
agudizadas por la pandemia de COVID-19, acompañadas por el incremento del precio del …