WALL STREET VIEW: AIRLINE REVENUE-GAINS UNSUSTAINABLE

The article's aim is to determine whether a sequential rise in airline revenue during summer of 2003 was seasonal or cyclical. Using the Air Transportation Association (ATA) Morgan Stanley Equity Research revenue data, the article quantitatively determined how much of the recent revenue trend was seasonal or due to cyclical or other factors. The results of the analysis strongly suggest that the summer rebound is unsustainable. The revenue strength during last June-August as seen to reflect seasonality, pent-up demand following the war and SARS as well as simulated demand from huge price discounting.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/31144651
• Corporate Authors:

  Association for Transportation Law, Logistics and Policy

  PMB 250
  3 Church Cir.
  Annapolis, MD  United States  21401-1933
• Authors:
  • Greene, W J
  • Susman, R G
• Publication Date: 2003

Language

• English

Media Info

• Pagination: p. 106-115
• Serial:
  • Journal of Transportation Law, Logistics and Policy
  • Volume: 71
  • Issue Number: 1
  • Publisher: Association for Transportation Law, Logistics and Policy
  • ISSN: 1078-5906
  • Serial URL: http://www.atlp.org/journal.html

Subject/Index Terms

• TRT Terms: Air transportation; Airlines; Cyclic strength; Discount fares; Investments; Revenues; Seasons; Trend (Statistics)
• Subject Areas: Aviation; Finance;

Filing Info

• Accession Number: 00967914
• Record Type: Publication
• Files: TRIS
• Created Date: Jan 28 2004 12:00AM