Inlämning av Examensarbete / Submission of Thesis

Chin Fei Goh; Karen Tay , pp. 45. MAM/Sektionen för Management, 2010.

The work

Författare / Author: Chin Fei Goh, Karen Tay
Titel / Title: Stock Investors’ Confidence on Low-Cost and Traditional Airlines in Asia During Financial Crisis 2007-2009: Evidence from Air Asia and Singapore Airlines
Abstrakt Abstract:

The birth of low-cost carriers (LCC) in recent years, have added a new dimension to the aviation business, especially in Asia. There have been several success stories of these LCCs, compared with conventional full-serviced carriers. Two renowned airlines in Asia, Air Asia and Singapore Airlines have been chosen as our sample companies for the purpose of this research paper. Air Asia will represent the LCC segment, while Singapore Airlines is the proxy for traditional carriers. These two classes of airlines have different business models, which prompt us to find out how each has performed in the recent financial meltdown in 2007/08.

In this paper, we will use financial ratios and stock analysis to find out the performance of Air Asia and Singapore Airlines. This quantitative and event methodology approach is apt to provide market participants, such as investors, which segment of the airline industry tend to outperform in time of an economic crisis.

Based on our empirical findings, we have found that Air Asia has a better financial performance and is a less risky stock, compared with Singapore Airlines, during such economic downturn. So investors seeking for a more sound investment in such troubled times, may be able to find some gem in LCCs.

Ämnesord / Subject: Hållbar utveckling - Sustainability\Business
Företagsekonomi - Business Administration\International Business
Företagsekonomi - Business Administration\Information
Nyckelord / Keywords: Air Asia, Singapore Airlines, Stock, Confidence, Investors, Crisis, Asia, Asian Airlines

Publication info

Dokument id / Document id: houn-8sqkrm
Program:/ Programme Master of Business Administration (MBA)
Registreringsdatum / Date of registration: 03/25/2012
Uppsatstyp / Type of thesis: Magisterarbete/Master's Thesis (60 credits)

Context

Handledare / Supervisor: Thomas Danborg
Examinator / Examiner: Marie Aurell
Organisation / Organisation: Blekinge Institute of Technology
Institution / School: MAM/Sektionen för Management
S-372 25 Ronneby
+46 455 38 50 00

Files & Access

Bifogad uppsats fil(er) / Files attached: bth2012fei.pdf (1678 kB, öppnas i nytt fönster)