Do Airlines in Chapter 11 Harm Their Rivals Bankruptcy And Pricing Behavior I
Do Airlines in Chapter 11 Harm Their Rivals Bankruptcy And Pricing Behavior I
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008) (0. 007) [12] [560] [240] [339] Change t-2 to t+2 -0. 120 -0. 003 -0. 052 -0. 029 (0. 008) (0. 004) (0. 008) (0. 007) [453] [586] [231] [319] Standard error of average in parentheses. Number of markets included in brackets. 10% minimum route share threshold used in all periods.
quarters before through 2 quarters after the carrier files for Chapter 11 protection. These averages are weighted by market size, but the results are very similar if the markets are equzdly weighted.
In all four of ...the major bankruptcies, the filing carrier's average market share on routes it continues to serve with a (minimum 10% share) either remains about constant, in the case of Continental, or decHnes over the bankruptcy period. For example, two quarters before its bankruptcy declaration, Continental was active on 679 routes, carrying an average of 40. 9% of the passengers. Two quarters after its bankruptcy declaration, Continental had dropped below a 10% share on 93 of those routes, and its market share on the remaining 586 decUned by an average of 0.
What to read after Do Airlines in Chapter 11 Harm Their Rivals Bankruptcy And Pricing Behavior I?
You can find similar books in the "Read Also" column, or choose other free books by Severin Borenstein to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
008) (0. 007) [12] [560] [240] [339] Change t-2 to t+2 -0. 120 -0. 003 -0. 052 -0. 029 (0. 008) (0. 004) (0. 008) (0. 007) [453] [586] [231] [319] Standard error of average in parentheses. Number of markets included in brackets. 10% minimum route share threshold used in all periods.
quarters before through 2 quarters after the carrier files for Chapter 11 protection. These averages are weighted by market size, but the results are very similar if the markets are equzdly weighted.
In all four of ...the major bankruptcies, the filing carrier's average market share on routes it continues to serve with a (minimum 10% share) either remains about constant, in the case of Continental, or decHnes over the bankruptcy period. For example, two quarters before its bankruptcy declaration, Continental was active on 679 routes, carrying an average of 40. 9% of the passengers. Two quarters after its bankruptcy declaration, Continental had dropped below a 10% share on 93 of those routes, and its market share on the remaining 586 decUned by an average of 0.
What to read after Do Airlines in Chapter 11 Harm Their Rivals Bankruptcy And Pricing Behavior I?
You can find similar books in the "Read Also" column, or choose other free books by Severin Borenstein to read onlineMoreLess
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