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The 2010 Volcanic Ash Cloud and Its Financial Impact on the European Airline Industry

Author

Listed:
  • Mario Mazzocchi
  • Francesca Hansstein
  • Maddalena Ragona

Abstract

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Suggested Citation

  • Mario Mazzocchi & Francesca Hansstein & Maddalena Ragona, 2010. "The 2010 Volcanic Ash Cloud and Its Financial Impact on the European Airline Industry," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 11(02), pages 92-100, July.
  • Handle: RePEc:ces:ifofor:v:11:y:2010:i:02:p:92-100
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    File URL: https://www.cesifo.org/DocDL/forum2-10-focus11.pdf
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    Citations

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    Cited by:

    1. Zeynep Ceren Henriques Correia, 2018. "Air Maidans, Can It Be?," Societies, MDPI, vol. 8(3), pages 1-6, September.
    2. Sean Wilkinson & Sarah Dunn & Shu Ma, 2012. "The vulnerability of the European air traffic network to spatial hazards," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 60(3), pages 1027-1036, February.
    3. Boyd, Britta & Hollensen, Svend, 2012. "Strategic management of a family-owned airline: Analysing the absorptive capacity of Cimber Sterling Group A/S," Journal of Family Business Strategy, Elsevier, vol. 3(2), pages 70-78.
    4. Voltes-Dorta, Augusto & Rodríguez-Déniz, Héctor & Suau-Sanchez, Pere, 2017. "Passenger recovery after an airport closure at tourist destinations: A case study of Palma de Mallorca airport," Tourism Management, Elsevier, vol. 59(C), pages 449-466.
    5. Klaus Abberger & Biswa Nath Bhattacharyay & Chang Woon Nam & Gernot Nerb & Siegfried Schönherr, 2014. "How Can the Crisis Vulnerability of Emerging Economies Be Reduced?," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 65.
    6. Koo, T. & Halpern, N. & Papatheodorou, A. & Graham, A. & Arvanitis, P., 2016. "Air transport liberalisation and airport dependency: developing a composite index," Journal of Transport Geography, Elsevier, vol. 50(C), pages 83-93.
    7. Dunn, Sarah & Wilkinson, Sean M., 2016. "Increasing the resilience of air traffic networks using a network graph theory approach," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 90(C), pages 39-50.
    8. A. T. Ismail-Zadeh & S. L. Cutter & K. Takeuchi & D. Paton, 2017. "Forging a paradigm shift in disaster science," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 86(2), pages 969-988, March.
    9. Xiao‐Bing Hu & Hang Li & XiaoMei Guo & Pieter H. A. J. M. van Gelder & Peijun Shi, 2019. "Spatial Vulnerability of Network Systems under Spatially Local Hazards," Risk Analysis, John Wiley & Sons, vol. 39(1), pages 162-179, January.
    10. Reichardt, Uta & Ulfarsson, Gudmundur F. & Pétursdóttir, Guðrún, 2018. "Volcanic ash and aviation: Recommendations to improve preparedness for extreme events," Transportation Research Part A: Policy and Practice, Elsevier, vol. 113(C), pages 101-113.
    11. Lee, Kangoh, 2023. "Airline operational disruptions and loss-reduction investment," Transportation Research Part B: Methodological, Elsevier, vol. 177(C).
    12. Voltes-Dorta, Augusto & Rodríguez-Déniz, Héctor & Suau-Sanchez, Pere, 2017. "Vulnerability of the European air transport network to major airport closures from the perspective of passenger delays: Ranking the most critical airports," Transportation Research Part A: Policy and Practice, Elsevier, vol. 96(C), pages 119-145.
    13. Sun, Xiaoqian & Wandelt, Sebastian & Zhang, Anming, 2022. "STARTUPS: Founding airlines during COVID-19 - A hopeless endeavor or an ample opportunity for a better aviation system?," Transport Policy, Elsevier, vol. 118(C), pages 10-19.

    More about this item

    Keywords

    Naturkatastrophe; Vulkan; Luftverunreinigung; Luftfahrtindustrie; Soziale Kosten; Island; Europa;
    All these keywords.

    JEL classification:

    • L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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