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

Keziban Seçkin Codal; Talha Musab Akpınar

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

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.

Keywords

References

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Details

Primary Language

English

Subjects

Business Administration

Journal Section

Research Article

Authors

Keziban Seçkin Codal ^* This is me
0000-0003-1967-7751
Türkiye

Talha Musab Akpınar This is me
0000-0003-4651-7788
Türkiye

Publication Date

December 23, 2021

Submission Date

October 6, 2021

Acceptance Date

November 7, 2021

Published in Issue

Year 2021 Volume: 1 Number: 1

IZ

https://izlik.org/JA93LH58AB

Cite

RIS / Bibtex

APA

Seçkin Codal, K., & Akpınar, T. M. (2021). Evaluation the Regional Effect of Covid-19 on the Stock Price of Airlines. AYBU Business Journal, 1(1), 34-46. https://izlik.org/JA93LH58AB

AMA

1.Seçkin Codal K, Akpınar TM. Evaluation the Regional Effect of Covid-19 on the Stock Price of Airlines. AYBU Business Journal. 2021;1(1):34-46. https://izlik.org/JA93LH58AB

Chicago

Seçkin Codal, Keziban, and Talha Musab Akpınar. 2021. “Evaluation the Regional Effect of Covid-19 on the Stock Price of Airlines”. AYBU Business Journal 1 (1): 34-46. https://izlik.org/JA93LH58AB.

EndNote

Seçkin Codal K, Akpınar TM (December 1, 2021) Evaluation the Regional Effect of Covid-19 on the Stock Price of Airlines. AYBU Business Journal 1 1 34–46.

IEEE

[1]K. Seçkin Codal and T. M. Akpınar, “Evaluation the Regional Effect of Covid-19 on the Stock Price of Airlines”, AYBU Business Journal, vol. 1, no. 1, pp. 34–46, Dec. 2021, [Online]. Available: https://izlik.org/JA93LH58AB

ISNAD

Seçkin Codal, Keziban - Akpınar, Talha Musab. “Evaluation the Regional Effect of Covid-19 on the Stock Price of Airlines”. AYBU Business Journal 1/1 (December 1, 2021): 34-46. https://izlik.org/JA93LH58AB.

JAMA

1.Seçkin Codal K, Akpınar TM. Evaluation the Regional Effect of Covid-19 on the Stock Price of Airlines. AYBU Business Journal. 2021;1:34–46.

MLA

Seçkin Codal, Keziban, and Talha Musab Akpınar. “Evaluation the Regional Effect of Covid-19 on the Stock Price of Airlines”. AYBU Business Journal, vol. 1, no. 1, Dec. 2021, pp. 34-46, https://izlik.org/JA93LH58AB.

Vancouver

1.Keziban Seçkin Codal, Talha Musab Akpınar. Evaluation the Regional Effect of Covid-19 on the Stock Price of Airlines. AYBU Business Journal [Internet]. 2021 Dec. 1;1(1):34-46. Available from: https://izlik.org/JA93LH58AB