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Journals / AYBU Business Journal / 2021 / Volume: 1 Issue: 1

Evaluation the Regional Effect of Covid-19 on the Stock Price of Airlines

Keziban Seçkin Codal(ANKARA YILDIRIM BEYAZIT UNIVERSITY)0000-0003-1967-7751
Talha Musab Akpınar(ANKARA YILDIRIM BEYAZIT UNIVERSITY)0000-0003-4651-7788
Pages
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Publication Date
2021-12-23
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

As a result, all civil aviation stakeholders should try to get rid of this global crisis with minimal damage, focusing on coordination, transparency and traceability by using information systems and tools.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The novel coronavirus – officially named COVID-19 – is rapidly spreading from its epicenter in Wuhan to the rest of China and the world.
📊
Key Findings & Data:There have been 5,404,512 confirmed cases of COVID-19, including 343,514 deaths, reported to World Health Organization in 25 May 2020.
💡
Conclusion & Impact:As a result, all civil aviation stakeholders should try to get rid of this global crisis with minimal damage, focusing on coordination, transparency and traceability by using information systems and tools.
🔬Design:Research Article
📍Scope:2020 Verileri
⚙️Variables:Coronavirus · Civil Aviation · Airlines Stock Market

Abstract

The novel coronavirus – officially named COVID-19 – is rapidly spreading from its epicenter in Wuhan to the rest of China and the world. There have been 5,404,512 confirmed cases of COVID-19, including 343,514 deaths, reported to World Health Organization in 25 May 2020. Business face revenue losses and quarantine policies propagate worldwide and restrict travel, trade and industry. The very crucial negative influences were on the demand side, with national and international civil aviation flights critically affected in the short-term. The aim of study analyzes the changes in the abnormal return of the relevant stocks around the date of COVID-19 to investigate the rebound of the stock market. The transportation economy's stock market value for Asia-Pacific, North America, and Europe weakly impacted the region 's abnormal return that suffered from a global event-based pandemic. As a result, all civil aviation stakeholders should try to get rid of this global crisis with minimal damage, focusing on coordination, transparency and traceability by using information systems and tools.

🔖

Cite This Article

Codal, K. S., Akpınar, T. M. (2021). Evaluation the Regional Effect of Covid-19 on the Stock Price of Airlines. AYBU Business Journal, Volume: 1 Issue: 1. https://ajindex.com/articles/1337635

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