Industry Issue Paper: An Update on Airline Financial Condition and Insolvency Prospects Using the Altman Z” Score Model

Stricken by the events of Sept. 11, 2001, and by increases in fuel prices, a key cost which has spiked upward as the price of oil has risen to more than $130 per barrel, the airlines find themselves, once again, in fragile financial shape. The purpose of this article is to measure the financial condition of the industry, given this situation, using a popular financial stress model, the Altman Model.


Issue Date:
2008
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/206916
Published in:
Journal of the Transportation Research Forum, Volume 47, Number 2
Page range:
132-138
Total Pages:
7




 Record created 2017-04-01, last modified 2017-08-28

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