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Public, private and mixed ownership and the performance of international airlines

Author

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  • Backx, Mattijs
  • Carney, Michael
  • Gedajlovic, Eric

Abstract

Many airlines are neither completely public nor private enterprises but have hybrid or mixed public-private ownership. Theory and evidence regarding the performance of private, public and mixed ownership are addressed in the context of the international airline industry. The study empirically examines the influence of an airline's ownership structure on multiple dimensions of its performance. In general, the results indicate that public sector airlines under-perform relative private sector airlines. In addition, we find that airlines with mixed ownership tend to perform better than public sector airlines, but worse than private sector carriers.

Suggested Citation

  • Backx, Mattijs & Carney, Michael & Gedajlovic, Eric, 2002. "Public, private and mixed ownership and the performance of international airlines," Journal of Air Transport Management, Elsevier, vol. 8(4), pages 213-220.
    • Handle: RePEc:eee:jaitra:v:8:y:2002:i:4:p:213-220
    DOI: 10.1016/S0969-6997(01)00053-9
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    References listed on IDEAS

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    Cited by:

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    15. Kiesel, Florian & Ries, Jörg M. & Tielmann, Artur, 2017. "The impact of mergers and acquisitions on shareholders' wealth in the logistics service industry," International Journal of Production Economics, Elsevier, vol. 193(C), pages 781-797.
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