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Determinants of financial distress in the European air transport industry: The moderating effect of being a flag-carrier

Due to the COVID-induced global collapse in demand for air travel, the year 2020 was a catastrophic one for the aviation industry. A dramatic drop in operating revenues along with continuing fixed expenses drained the cash reserves of airlines, with consequent risks of financial distress and, potent...

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Detalles Bibliográficos
Autores principales: Shi, Yin, Li, Xiaoni
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8592452/
https://www.ncbi.nlm.nih.gov/pubmed/34780487
http://dx.doi.org/10.1371/journal.pone.0259149