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Cycles in the air transportation industry

Author

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  • Nathalie Lenoir

    (LEEA - ENAC - Laboratoire d'Economie et d'Econométrie de l'Aérien - ENAC - Ecole Nationale de l'Aviation Civile)

Abstract

Cycles in the economy are a widely recognized phenomenon (see for example Schumpeter, 1939). Although the existence of long term cycles is not clearly proved, medium term cycles, averaging a 7 to 10 year period, and formerly known as Juglar cycles, are seldom questioned. The phenomena inducing those cycles, however, are complex and still a subject of research.

Suggested Citation

  • Nathalie Lenoir, 1998. "Cycles in the air transportation industry," Post-Print hal-01022240, HAL.
    • Handle: RePEc:hal:journl:hal-01022240
    Note: View the original document on HAL open archive server: https://enac.hal.science/hal-01022240
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    Cited by:

    1. Chin, Anthony T.H & Tay, John H, 2001. "Developments in air transport: implications on investment decisions, profitability and survival of Asian airlines," Journal of Air Transport Management, Elsevier, vol. 7(5), pages 319-330.

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