Typhoon Haiyan struck the Philippines on 8 November 2013 with maximum sustained winds of 235 kilometres per hour, adversely affecting at least 11 million people and displacing some 673,000 in central regions country. The disaster clearly overwhelmed Philippine government despite its seemingly well‐crafted management plan. Using timelines different organisations, this paper identifies gaps government's response, mainly due to failure coordinating managing relief operations, which affected...

Abstract This article examines the announcement and post-merger effects of three US airline mergers—America West Airways, Delta Northwest, United Continental. The time series data consist daily cumulative abnormal returns using Standard Poor's 500 as benchmark index. event study methodology uses ±60 trading days around merger dates. share prices America increased while Delta's decreased due to slowing economy at its with Northwest. impact on target airlines is positive except for Northwest...

This article examines the factors that affect profits of four airlines in Philippines. The estimated profit equation indicates an additional passenger contributes PHP 1,989 to profits, while seat reduces by 1,312. findings indicate have a strong incentive fill before departure, justifying practice heavy discounting stimulate traffic during periods low demand. An route 107.736 million, which may new routes lower-than-expected traffic. also suggest most profitable are already served at least...

This paper examines the short-term stock performance of Southwest Airlines and AirTran Airways using time series data consisting daily cumulative abnormal returns ± 60 trading days around merger announcement completion dates. The impact Southwest’s to acquire is positive. AirTran, S&P 500 as index, are highly significant on date. mixed, however. share price drifted lower up date, underperforming 500, while generally higher in a very narrow range. nevertheless, outperformed AMEX Airline...

The telecommunication sector plays an important role in contributing directly to the Philippine economy. Since 1928, Long Distance Telephone Company (PLDT) dominates industry. Several new players entered 1990s after government deregulated fragmentation and lack of economies scale service area scheme (SAS) led a series consolidations mergers until its present structure where Globe Telecom is only player that can restrain PLDT’s dominance.

This paper examines how entry and competition impact departure frequency using data from 19902009 on a number of routes served by at least two airlines. The estimated equation indicates that an additional airline the route level results in slight decrease departures despite substantial increase passenger traffic since industry was liberalized 1995. suggest domestic airlines have shifted to relatively larger aircraft operate them higher load factors. use operated factors may indicate their...