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On the Performance of Airlines and Airplane Manufacturers Following Aviation Disasters

Abstract Our study examines the impact of aviation disasters on the short- and long-term performance of airlines and airplane manufacturers. We employ a sample of 138 aviation disasters involving airplanes operated by publicly traded U.S. carriers between July 1962 and … Continue reading

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Homeland Security and Transportation Risk†

The coordinated hijackings and deliberate crashes of airplanes into the World Trade Center in New York and the Pentagon in Washington, DC, on September 11, 2001, dramatically heightened both the perception and the reality of the threat terrorism poses to … Continue reading

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