Fuel Hedging in the Airline Industry: The Case of Southwest Airlines By Dave Carter a‚ Dan Rogers b‚ and Betty Simkins c a College of Business Administration‚ Oklahoma State University‚ Stillwater‚ OK 74078-4011‚ Phone: (405) 744-5104‚ Email: dcarter@okstate.edu b School of Business Administration‚ Portland State University‚ Portland‚ OR 97207-0751‚ Phone: (503) 725-3790‚ Email: danr@sba.pdx.edu c CONTACT AUTHOR: College of Business Administration‚ Oklahoma State University‚ Stillwater
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data. In 2003‚ the Port of Piraeus hosted 543 calls by cruise ships carrying 386.000 passengers. Each of this call creates unidentified economic impacts on the local economy. The aim of this paper is to estimate the economic impacts of the cruise industry in the region of Piraeus The methodology used is based on interviews‚ surveys‚ local economic data and cruise activity statistics. Then‚ the impacts are quantified in terms of: Jobs‚ Personal income‚ Business revenues and State and Local taxes.
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The management of Cooper Industries‚ Inc.‚ is considering whether to acquire the Nicholson File Company‚ a leading manufacturer of hand tools. The Nicholson family and other members of the management group own about 20% of the Nicholson stock; the remainder is publicly held. From the standpoint of Cooper‚ an affirmative decision may involve Cooper in a bidding contest with two other companies‚ which have already purchased part of the outstanding Nicholson stock and made tender offers in an effort
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1. Indian Airlines Corporation vs Sm. Madhuri Chowdhuri And Ors. on 27 May‚ 1964 The suit arose out of an unfortunate and tragic air crash at Nagpur when a Dakota air plane VT-CHF crashed soon after it started flying from Nagpur to Madras. All the passengers and the crew were killed and the only person who escaped with severe injuries and burns was the Pilot‚ Desmond Arthur James Cartner. This accident took place on the 12th December‚ 1953 at about 3-25 a.m. In that Aircraft travelled one Sunil
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Consider a firm that can sell q(p) units when it charges price p. The firm’s profits are π(p) = pq(p) - c(q( p)) Where c is the cost function‚ function q is the demand facing the firm‚ that is‚ it gives the quantity the firm can sell. In the case of monopoly‚ the demand facing the firm and the market demand are the same. Assume that q is a downward-sloping demand curve. This means that the firm has some pricing power. This pricing power is known as monopoly power or market power. The assumption
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Airline Industry Economics is explained as the social science that studies the production‚ distribution and consumption of goods and services. As a guideline for economics‚ the used of economic indicators are used as a means of predicting or making a forecast about the economy and the different factors that affect those forecast. In this paper‚ Team A will study the Airline industry how each of the factors of Retail Sales‚ unemployment rate‚ Gross Domestic Product (GPD)‚ interest rates and Producer
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Current Situation of Airline Industry Since the airline industry was deregulated in the late 1970s‚ they shall hold the line on the number of planes they fly. The result is that the people by plane shall be more and more‚ and the fares shall become expensive. Because air transport is faster than other transportation methods‚ the people increasingly prefer to fly. The air transportation shall be an important transportation method in the future‚ and the people engaged in air transportation shall have
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Abstract The airline industry is known to be the fastest mode of transportation throughout the United States. Consumers are constantly trying to find cheaper fares‚ while airliners are constantly analyzing consumer’s trends to decide how to charge fares. Airliners ultimate goal is to increase revenue. Sometimes the increase can lead to bad service and unfriendly competitive practices. The present day airline industry is dominated by larger air carriers. This paper will discuss why the airline industry
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SLEPTEC ANALYSIS - AIRLINE INDUSTRY All industries are influenced by SLEPTEC factors. For example‚ some of the SLEPTEC factors affecting the airline industry in recent years include: Social: increased popularity of foreign travel leading to a boom in demand for air travel. However‚ this has been adversely affected by international terrorism. Legal: there are increasingly tight rules about the materials that need to go into aircraft construction in order to make them safer and more resistant
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Chapter 2‚ Assignment on the three cases 1. The greatest impact on the airline industry is its buyers. There are not many trusted airlines in function today and as consumers become more educated they always prefer to analyze cost with quality. Suppliers are the same for most of the airline companies‚ being Boeing and Airbus. As for the few rivals in this industry‚ it has always been the competition of providing the best services with the cheapest fares. New entrants on the other hand have to meet
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