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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

  • Ralf Günther

Part of the Edition KWV book series (EKWV)

Table of contents

  1. Front Matter
    Pages I-XXIII
  2. Ralf Günther
    Pages 1-9
  3. Ralf Günther
    Pages 11-35
  4. Ralf Günther
    Pages 37-44
  5. Ralf Günther
    Pages 57-75
  6. Ralf Günther
    Pages 203-204
  7. Back Matter
    Pages 205-247

About this book

Introduction

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 planning context.

Keywords

Aircraft sourcing Aircraft financing fleet planning shareholder multivariate regression methodology

Authors and affiliations

  • Ralf Günther
    • 1
  1. 1.WiesbadenGermany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-658-24094-3
  • Copyright Information Springer Fachmedien Wiesbaden GmbH, part of Springer Nature 2013
  • Publisher Name Springer Gabler, Wiesbaden
  • eBook Packages Business and Economics
  • Print ISBN 978-3-658-24093-6
  • Online ISBN 978-3-658-24094-3
  • Buy this book on publisher's site