Aviation Fuel Hedging and Firm Value Analysis using Dynamic Panel Data Methodology: Evidence from the U.S. Major Passenger Airlines

Purpose: Investigation of the relation between firms' values and aviation fuel hedging activities via a dynamic panel data methodology for the major U.S. passenger airlines during the period 2002-2011. Design/methodology/approach: We use data from nine U.S. major passenger airlines representing...

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Bibliographic Details
Main Authors: Ahmet Duran, Mahmut Sami Gungor
Format: Article
Published: Eastern Macedonia and Thrace Institute of Technology 2017-09-01
Series:International Journal of Business and Economic Sciences Applied Research
Online Access:http://ijbesar.teiemt.gr/docs/volume10_issue3/aviation_fuel_hedging.pdf