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Spanish air travel and the September 11 terrorist attacks: a note

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  • Inglada, Vicente
  • Rey, Belén

Abstract

This paper studies the impact of the September 11 terrorist attacks and its after-effects on Spanish airline demand. Using monthly time series data from 1980–2003, we find that September 11th resulted in an ongoing negative demand shock although smaller than that experienced in the US but particularly in relation to international passengers.

Suggested Citation

  • Inglada, Vicente & Rey, Belén, 2004. "Spanish air travel and the September 11 terrorist attacks: a note," Journal of Air Transport Management, Elsevier, vol. 10(6), pages 441-443.
    • Handle: RePEc:eee:jaitra:v:10:y:2004:i:6:p:441-443
    DOI: 10.1016/j.jairtraman.2004.06.002
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    References listed on IDEAS

    as
    1. Ito, Harumi & Lee, Darin, 2005. "Assessing the impact of the September 11 terrorist attacks on U.S. airline demand," Journal of Economics and Business, Elsevier, vol. 57(1), pages 75-95.
    2. Lon-Mu Liu, 1980. "Note---Analysis of Time Series with Calendar Effects," Management Science, INFORMS, vol. 26(1), pages 106-112, January.
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    Cited by:

    1. Thai-Ha Le & Donghyun Park & Cong-Phu-Khanh Tran & Binh Tran-Nam, 2018. "The Impact of the Hai Yang Shi You 981 Event on Vietnam’s Stock Markets," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 17(3_suppl), pages 344-375, December.
    2. López, Ana M. & Flores, Mario A. & Sánchez, Juan I., 2017. "Modelos de series temporales aplicados a la predicción del tráfico aeroportuario español de pasajeros: Un enfoque agregado y desagregado/Forecasting of Spanish Passenger Air Traffic Based on Time Seri," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 35, pages 395-418, Mayo.
    3. repec:dau:papers:123456789/6792 is not listed on IDEAS
    4. Carol C. Huang & Chris C. Hsu & Emilio Collar, 2021. "An Evaluation of the Operational Performance and Profitability of the U.S. Airlines," International Journal of Global Business and Competitiveness, Springer, vol. 16(2), pages 73-85, December.
    5. Yu, Ming-Miin & Chen, Li-Hsueh, 2023. "Productivity change of airlines: A global total factor productivity index with network structure," Journal of Air Transport Management, Elsevier, vol. 109(C).
    6. Brown, Richard S. & Kline, William A., 2020. "Exogenous shocks and managerial preparedness: A study of U.S. airlines’ environmental scanning before the onset of the COVID-19 pandemic," Journal of Air Transport Management, Elsevier, vol. 89(C).
    7. Sangeetha Gunasekar & Rojalin Patri & Badri Narayanan, 2018. "International Tourist Arrival in India," Foreign Trade Review, , vol. 53(1), pages 12-28, February.
    8. Castillo-Manzano, José I. & Pedregal, Diego J. & Pozo-Barajas, Rafael, 2012. "Assessing fear of flying after a plane crash. The “Rainman†effect – Myth or reality?," Journal of Air Transport Management, Elsevier, vol. 20(C), pages 20-22.
    9. Charles, Amelie & Darne, Olivier, 2006. "Large shocks and the September 11th terrorist attacks on international stock markets," Economic Modelling, Elsevier, vol. 23(4), pages 683-698, July.
    10. Benoit Chèze & Pascal Gastineau & Julien Chevallier, 2010. "Forecasting air traffic and corresponding jet-fuel demande until 2025," Working Papers hal-02489878, HAL.
    11. Doong, Her-Sen & Wang, Hui-Chih & Law, Rob, 2008. "An initial investigation of the effect of advertisement and word-of-month on first-time visitors to Hong Kong," Journal of Air Transport Management, Elsevier, vol. 14(3), pages 159-161.
    12. Castillo-Manzano, José I. & López-Valpuesta, Lourdes & Pedregal, Diego J., 2012. "What role will hubs play in the LCC point-to-point connections era? The Spanish experience," Journal of Transport Geography, Elsevier, vol. 24(C), pages 262-270.
    13. repec:dau:papers:123456789/6794 is not listed on IDEAS

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