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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...
Autores principales: | , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Public Library of Science
2021
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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 |