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Impact of Aircraft Sourcing & Financing on Financial Success

A strategic view on basic aircraft sourcing & financing characteristics and their impact on stock market and long term financial performance of aircraft operating and holding companies

  • Book
  • © 2013

Overview

Authors:
  1. Ralf Günther

    1. Wiesbaden, Germany

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  • Gives an insight into the impact of aircraft sourcing & financing on financial success
  • Uses multivariate regression methodology and regression analyses
  • The book is aimed at researchers and practitioners

Part of the book series: Edition KWV (EKWV)

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Table of contents (9 chapters)

  1. Front Matter

    Pages I-XXIII
    Download chapter PDF

  2. Introduction

    • Ralf Günther
    Pages 1-9

  3. Basics of aircraft sourcing and financing

    • Ralf Günther
    Pages 11-35

  4. Development of the air capacity market

    • Ralf Günther
    Pages 37-44

  5. Financial performance of airlines and airline holdings

    • Ralf Günther
    Pages 45-53

  6. Summary of current situation and link to research topic

    • Ralf Günther
    Pages 55-56

  7. Research hypotheses and scope

    • Ralf Günther
    Pages 57-75

  8. Analysis of fleet planning decisions and financial success

    • Ralf Günther
    Pages 77-193

  9. Discussion of results against hypotheses and literature

    • Ralf Günther
    Pages 195-201

  10. Conclusion and recommendation

    • Ralf Günther
    Pages 203-204

  11. Back Matter

    Pages 205-247
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Keywords

About this book

Airlines follow different strategies of aircraft sourcing and financing. Basic decisions include the choice of buy versus lease and long term versus short term acquisition of aircraft. Additional fleet and fleet planning characteristics include the desired fleet size, average aircraft age, or possible surplus in capacity. 

Do these variables have an impact on financial success? Taking the perspective of a shareholder, the author uses multivariate regression methodology to evaluate abnormal returns in stock market's reaction to the terrorist attacks on September 11, 2001, the Financial Crisis 2008, and to aircraft accidents and aircraft orders 1994–2009. In further regression analyses the relationship of fleet variables to a company's revenue growth and profitability is examined.


Potential readerships include researchers and practitioners with interest in how decisions could be taken in favor of shareholders in an aircraft fleet planningcontext.

Authors and Affiliations

  • Wiesbaden, Germany

    Ralf Günther

About the author

Ralf Günther published his work with Kölner Wissenschaftsverlag until 2018.

Bibliographic Information

  • Book Title: Impact of Aircraft Sourcing & Financing on Financial Success

  • Book Subtitle: A strategic view on basic aircraft sourcing & financing characteristics and their impact on stock market and long term financial performance of aircraft operating and holding companies

  • Authors: Ralf Günther

  • Series Title: Edition KWV

  • DOI: https://doi.org/10.1007/978-3-658-24094-3

  • Publisher: Springer Gabler Wiesbaden

  • eBook Packages: Business and Economics, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Fachmedien Wiesbaden GmbH, part of Springer Nature 2013

  • Softcover ISBN: 978-3-658-24093-6Published: 01 March 2019

  • eBook ISBN: 978-3-658-24094-3Published: 19 February 2019

  • Series ISSN: 2946-0301

  • Series E-ISSN: 2946-031X

  • Edition Number: 1

  • Number of Pages: XXIII, 247

  • Number of Illustrations: 1 b/w illustrations

  • Additional Information: Originally published by Kölner Wissenschaftsverlag, Köln, 2013

  • Topics: Corporate Finance

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