CEU Electronic Theses and Dissertations, 2020
| Author | Omurova, Aidana |
|---|---|
| Title | Effects of Covid-19 on Credit Risk and Crisis Aftermath of Airline Industry |
| Summary | We have experienced a serious Covid-19 crisis starting from the beginning of 2020, having its disruptive impact on economies and businesses. We are all well-informed about the costs of the Covid-19 pandemic on different business sectors. The airline industry is especially hard hit by the pandemic resulted in devastating losses and increased credit risks. This capstone project investigates the financial performance of six North American airline companies and their credit metrics after the coronavirus outbreak. This study introduces the literature review on recent financial performance, recent credit ratings, and companies` combative activities. The project investigates two main research questions related to the understanding of current credit risk metrics of the North American airline companies and recovery timeline after the Covid-19 crisis. In addition to these, there will be discount cash flow and relative valuations of the actual share price of the airline company. |
| Supervisor | Szilagyi, Peter |
| Department | Economics MSc |
| Full text | https://www.etd.ceu.edu/2020/omurova_aidana.pdf |
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