The Wuhan Airline Company (WAC) wasone of the first local air transport enterprisesin China to be approved by the CivilAviation Administration of China (CAAC), in1985. The WAC has opened many air routeswithin the prov...The Wuhan Airline Company (WAC) wasone of the first local air transport enterprisesin China to be approved by the CivilAviation Administration of China (CAAC), in1985. The WAC has opened many air routeswithin the province since 1987, including Wuhan-Enshi, Wuhan-Laoheko, Wuhan-Xiangfan andWuhan-Yichang.展开更多
Based On the online reverse auction formalism in Priceline.com, In this paper,the use of online reverse auctions in airline companies revenue management is highlighted.This research examines the process of online reve...Based On the online reverse auction formalism in Priceline.com, In this paper,the use of online reverse auctions in airline companies revenue management is highlighted.This research examines the process of online reverse auctions in detail, point out the potential benefits of online reverse auctions. At last we examines how the online reverse auction mechanism design for optimal allocation.展开更多
The China Xinhua Aviation Company opened for business in the summer of 1994. At that time it had 13 airlines and 42 scheduled flights each week flying from Beijing and Tianjin to other parts of China. Now it has 34 ai...The China Xinhua Aviation Company opened for business in the summer of 1994. At that time it had 13 airlines and 42 scheduled flights each week flying from Beijing and Tianjin to other parts of China. Now it has 34 airlines and 122 scheduled flights each week from Beijing and Tianjin to 21 Chinese cities, such as Guangzhou, Shenzhen, Harbin, Jinan, Kunming, Haikou,展开更多
This research looks at any relevance between Altman’s Z-score and the stock market performance of airline companies in the United States(US).Nearly a thousand pieces of data on various aspects of operation and financ...This research looks at any relevance between Altman’s Z-score and the stock market performance of airline companies in the United States(US).Nearly a thousand pieces of data on various aspects of operation and financial status from 81 airline companies in the US are available.Additionally,stock return is used as an indicator of firm stock performance in this paper.In order to satisfy the purpose of determining the relationship between Z-score and stock performance as well as what may be inferred from high stock returns with regard to Z-score,two different regression processes are carried out.The first regression tests the relationship between Z-score and stock return,while the second regression examines whether there is a difference in Z-scores between well-performing airline companies and poorly performing ones using dummy variables.The results reveal that there is a significant positive correlation between the Z-scores of US airline companies and their stock performance;besides,high stock returns potentially imply relatively high Z-scores and vice versa.Therefore,one of the crucial steps that US airline companies must make is to strengthen their balance sheets in order to draw investors to make investments in their businesses.展开更多
文摘The Wuhan Airline Company (WAC) wasone of the first local air transport enterprisesin China to be approved by the CivilAviation Administration of China (CAAC), in1985. The WAC has opened many air routeswithin the province since 1987, including Wuhan-Enshi, Wuhan-Laoheko, Wuhan-Xiangfan andWuhan-Yichang.
文摘Based On the online reverse auction formalism in Priceline.com, In this paper,the use of online reverse auctions in airline companies revenue management is highlighted.This research examines the process of online reverse auctions in detail, point out the potential benefits of online reverse auctions. At last we examines how the online reverse auction mechanism design for optimal allocation.
文摘The China Xinhua Aviation Company opened for business in the summer of 1994. At that time it had 13 airlines and 42 scheduled flights each week flying from Beijing and Tianjin to other parts of China. Now it has 34 airlines and 122 scheduled flights each week from Beijing and Tianjin to 21 Chinese cities, such as Guangzhou, Shenzhen, Harbin, Jinan, Kunming, Haikou,
文摘This research looks at any relevance between Altman’s Z-score and the stock market performance of airline companies in the United States(US).Nearly a thousand pieces of data on various aspects of operation and financial status from 81 airline companies in the US are available.Additionally,stock return is used as an indicator of firm stock performance in this paper.In order to satisfy the purpose of determining the relationship between Z-score and stock performance as well as what may be inferred from high stock returns with regard to Z-score,two different regression processes are carried out.The first regression tests the relationship between Z-score and stock return,while the second regression examines whether there is a difference in Z-scores between well-performing airline companies and poorly performing ones using dummy variables.The results reveal that there is a significant positive correlation between the Z-scores of US airline companies and their stock performance;besides,high stock returns potentially imply relatively high Z-scores and vice versa.Therefore,one of the crucial steps that US airline companies must make is to strengthen their balance sheets in order to draw investors to make investments in their businesses.
