详情

当前位置：首页> 国外交通科技报告数据库 >详情

原文传递 Confidence in Airline Performance in Difficult Market Conditions: An Analysis of JetBlue's Financial Market Results

题名：	Confidence in Airline Performance in Difficult Market Conditions: An Analysis of JetBlue's Financial Market Results
作者：	Flouris, Triant; Walker, Thomas
关键词：	conditions；analysis；forman；onfi；perform；mark；cult；blue；iden；rlin
摘要：	This paper examines the stock market s reaction to JetBlue s Initial Public Offering (1PO) and subsequent price movements of the stock. In particular, w e examine whether the euphoria surrounding JetBlue s IPO carried over to other firms in the sector by testing whether the shares of JetBlue s competitors showed a significant price reaction to JetBlue s IPO. JetBlue's IPO took place just a few months following September 11, 2001. These events resulted in dramatic changes in the airline industry and had significant implications on the economic gains of airlines. We examine JetBlue s accounting and stock performance and compare it to the relative performance of Southwest Airlines (SWA), a representative of the loa-cost carrier group. In addition, we compare both JetBlue's and SWA's financial condition and the relative performance of their stock to two mainline U S. carriers, Continental and Northwest. representatives of the conventional-cost carrier group. We analyze whether there are any performance differences among the low-cost carriers and between low-cost carriers and conventional-cost carriers. In particular, we examine whether low-cost carriers were able to sustain the economic impacts of 9/11 better than the conventional-cost carriers.
报告类型：	科技报告