Analysis of the role of General Electric in the US airline industry: a possible capital market mutation in response to the anomalies of Chapter 11? England, GB, University of Southampton
(Discussion Papers in Accounting & Finance; AF-10-02).
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This paper is motivated by the puzzle that, on some estimates, this industry has made zero cumulative profit taking the years of the last century together, and the further puzzle that in recent years, liquidation in the industry has become rare
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