1987•Journal of Transport Economics and PolicyRequires access

The Effect of Aviation Disasters on the Air Transport Industry: A Financial Market Perspective

Don M. Chance, Stephen P. Ferris

Open publisher page 52 citations

Abstract

When an aircraft crashes, there is an immediate fall in the market price of the stocks of the airline, but no subsequent reaction. The stocks of other airlines and of aircraft manufacturers are not affected.

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What this paper is about

When an aircraft crashes, there is an immediate fall in the market price of the stocks of the airline, but no subsequent reaction. The stocks of other airlines and of aircraft manufacturers are not affected.

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OpenAlex reports 52 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

When an aircraft crashes, there is an immediate fall in the market price of the stocks of the airline, but no subsequent reaction. The stocks of other airlines and of aircraft manufacturers are not affected.

Key concepts: Aviation, Air transport, Business, Air travel, Perspective (graphical), Finance, Interlining, Industrial organization

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