English, Article edition: Entry Behaviour and Financial Distress: An Empirical Analysis of the US Domestic Airline Industry Chia-Mei Liu

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Bookmark: http://trove.nla.gov.au/version/32899
Physical Description
  • article
Language
  • English

Edition details

Title
  • Entry Behaviour and Financial Distress: An Empirical Analysis of the US Domestic Airline Industry
Author
  • Chia-Mei Liu
Physical Description
  • article
Notes
  • This paper tests the empirical link between a firm's financial conditions and its probability of entering new markets in the US airline industry. The analysis is conducted using airline data from the top 500 airport-pairs during the period between 1993 and 2003. The result shows that a legacy carrier is less likely to enter new airport-pairs when its leverage increases. On the other hand, there is little evidence of such link for a low-cost carrier. © 2009 LSE and the University of Bath
  • RePEc:tpe:jtecpo:v:43:y:2009:i:2:p:237-256
Language
  • English
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