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Research on the Debt Levels of Firms in the Aviation Industry
- 1 The Affiliated High School of South China Normal University, Guangzhou, 510630, China
* Author to whom correspondence should be addressed.
Abstract
Numerous reasons contribute to the liabilities of a firm in the aviation industry. As a capital-intensive industry, the aviation industry has long faced high liabilities caused by the cost of purchasing necessary means of production. Also, the industrial feature that the aviation business has in its off-season and peak season has brought uncertainty to the industry. In addition, it has also experienced increasing pressure due to the decreasing travel and transport demands during and after the COVID-19 pandemic. Considering the reasons above, the debt management ability of an airline has become more essential than before to investors. This research will compare and analyze the debt level of sample firms in the aviation industry, and provide a basic overview of the sample firms’ business situation through utilizing a quantitative method and several indicators. The conclusion is that the differentiation in debt levels results from the differences in industrial features, firm situations, and operating and investment activities.
Keywords
Debt Level, Aviation Industry, Liability Management
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Cite this article
Lin,Z. (2024). Research on the Debt Levels of Firms in the Aviation Industry. Advances in Economics, Management and Political Sciences,110,28-33.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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Volume title: Proceedings of ICEMGD 2024 Workshop: Decoupling Corporate Finance Implications of Firm Climate Action
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