Courses in Airlines         Jobs in Airlines

Together, with members of the airline industry and the National Safety Council (NSC), OSHA works to provide employers and airline industry workers with information and assistance to help create a healthy and safe working environment.

Agency-cost models suggest that firms may pursue riskier
strategies in times of financial distress. For example,
stockholders of financially weak firms in industries where quality
cannot be observed ex-ante have an incentive to compromise safety
and quality to maximize current period profit. However, there
exists only a modest amount of empirical evidence that relates
financial health to the risk-taking behavior of firms.
We explore this relationship for the airline industry. Using bond
ratings to proxy for financial health and airline mishaps to
measure safety, we find a significant correlation:airlines with
higher quality bond ratings are less likely to experience mishaps
than airlines with lower quality ratings.
.
                                

                                   

                                                      Web Master: Manisha Malviya[MCA]  Aviation SEO powered By www.AeroSoft.in