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

Year 2021, Volume: 1 Issue: 1, 34 - 46, 23.12.2021

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.

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There are 54 citations in total.

Details

Primary Language English
Subjects Business Administration
Journal Section Research Articles
Authors

Keziban Seçkin Codal This is me 0000-0003-1967-7751

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

Publication Date December 23, 2021
Published in Issue Year 2021 Volume: 1 Issue: 1

Cite

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.
AMA Seçkin Codal K, Akpınar TM. Evaluation the Regional Effect of Covid-19 on the Stock Price of Airlines. AYBU Business Journal. December 2021;1(1):34-46.
Chicago Seçkin Codal, Keziban, and Talha Musab Akpınar. “Evaluation the Regional Effect of Covid-19 on the Stock Price of Airlines”. AYBU Business Journal 1, no. 1 (December 2021): 34-46.
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 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, 2021.
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 2021), 34-46.
JAMA 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, 2021, pp. 34-46.
Vancouver 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.