Book of Donmon Teith

The air transport industry has high economic impact; it supports more than 60 million jobs worldwide. Since the early years of commercial air travel, passenger

The objective of this paper is to understand the financial dynamics of the airline industry by identifying profit cycle periods of the industry and their drivin

The airline industry has generally followed a growth trend since its inception but the industry’s financial situation is not as healthy as rising passenger nu

My thesis consists of three essays investigating the existence, causes, and mitigation of profit cycles at an industry level. The first essay examines profit cy