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• W1870984247 abstract "Given the financial challenges faced by the airline industry, understanding of the combined effect of terrorism and the price of petroleum on airline profitability is imperative. The purpose of this correlational study was to determine if a combination of terrorism and the price of petroleum significantly predicted airline profitability, and which variable was the most significant. This study collected samples of financial records from major American commercial passenger and cargo airlines on costs of fuel (n = 84) and airline profitability (n = 84). The terrorism data (n = 84) were comprised of terrorist attacks on petroleum infrastructure in oil-producing nations, and incidents of highjacking aboard American aircraft. Systems theory, which explains complexity within systems, was the theoretical framework for this study. The results of the multiple linear regression analysis indicated the model was able to significantly predict airline profitability, F(2,81) = 5.447, p = .006, R 2 = .12. Both terrorism and cost of fuel were statistically significant, with the cost of fuel (beta = -.511, p = .002) indicating a higher contribution to the model than terrorism (beta = .452, p = .005). This study is important to airline executives as the results of the study indicate that the leaders in the airline industry should focus on operational efficiencies to maximize profitability. Positive social change implications include increased employment in the civil aviation industry, higher commercial activity in tourist and other travel-related service businesses, and the adoption of green technologies by the civil aviation manufacturing industry. The Relationship Between Terrorism, Oil Prices, and Airline Profitability by Ubirathan Miranda MS, Florida Metropolitan University 2005 BS, Life Christian University 1996 Doctoral Study Submitted in Partial Fulfillment of the Requirements for the Degree of Doctor of Business Administration Walden University April 2015 Dedication The completion of this dissertation would have never been possible without the grace, guidance, and strength from the Lord. To him I remain eternally grateful. I am also thankful for the love, patience, support, and encouragement I received from my treasured wife Tamara Miranda. Her personal example of excellence continues to inspire me towards greater horizons. Tamara, this dissertation is also dedicated to your belief in the potential for growth and development of every person. Moreover, I dedicate this dissertation to my precious daughters Elysaveth, Rebecca, and Daniela. Their sense of humor and forgiveness for the numerous hours I spent in the dissertation was a balm to my soul and kept me going. To my beloved father and mother, thank you for your sacrifice in leaving our homeland to ensure that I had the opportunities to pursue my aspirations in America. I can never repay such devotion you have shown. To my dear father-in-law, thank you for nudging me towards school almost 20 years ago. To my aunt Zaira, thanks for instilling in me a love for books and a thirst for knowledge. My dissertation is also dedicated to my family and friends, both in America and in Brazil, who encouraged me on the path of the pursuit of educational, professional, and personal excellence. Acknowledgments I want to first thank my Committee Chair, Dr. Kevin Davies for his valued guidance, support, and encouragement through this process. You are indeed a true mentor in every sense of the word. I also want to thank Dr. Judith Blando and Dr. Lisa Kangas for their insightful, constructive, and important feedback on multiple reviews of the doctoral study to the committee. I am indebted to the guidance and support I received from my doctoral committee. Your many challenges, reviews, and insightful questions enabled me to add structure, refinement, polish, and relevance to my dissertation. But most importantly, you helped me to develop my character in the process. I remain deeply grateful to Dr. Reginald Taylor. His guidance was instrumental in helping me through this journey. I want to extend a special thank you to my cohort dissertation group. You are the epitome of a learning community at Walden University. We laughed, cried, challenged, and encouraged one another. Never did I feel any sense of competiveness or pettiness among us. The process united us in a common goal. A special thanks to Bruce Towes, my fellow colleague who has kept me encouraged with his generous feedback." @default.
• W1870984247 created "2016-06-24" @default.
• W1870984247 creator A5068612447 @default.
• W1870984247 date "2015-01-01" @default.
• W1870984247 modified "2023-09-27" @default.
• W1870984247 title "The Relationship Between Terrorism, Oil Prices, and Airline Profitability" @default.
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