International Conference on Eurasian Economies
10-12 July 2017 – Istanbul, TURKEY
Paper detail
Paper ID : 1825
Status : Paper published
Language : Turkish
Topic : Finance and Financial Crises
Presenter: Dr. Burcu Sakız
Session : 4B Finans II
Risk Management and Airline Sector by Using Financial Ratios - An Application
Finansal Oranlar Kullanılarak Risk Yönetimi ve Havayolu Sektörü - Bir Uygulama
- Dr. Burcu Sakız (Istanbul Aydın University, Türkiye)
Abstract
The growing airline transportation in the world and Turkey in recent years has increased the importance of airline passenger and cargo transportation operations and has brought intense competition in the domestic and international airlines market. Under intense competition, it is of utmost importance to capture the sustainable success of an ever-evolving and growing market by accurately assessing the financial performance and risks of businesses. In addition to the financial ratios generally used in all sectors, a number of indicators specific to the airline industry are used to assess the financial status of companies operating in the airline industry. These ratios and indicators will be calculated to compare for past periods and years, to assess risks for the future, to make forecasts, to report, to be able to see the financial status of the business concerned and to plan and make decisions in a more healthy and accurately. In this paper, after literature review, one of the most important financial risk evaluation model Altman Z’’ score is examined and an application with Turkish Airlines’ quarterly last 3 years financial data is evaluated.
JEL codes: G32, G33, G30
Sakız, Burcu (2017). "Risk Management and Airline Sector by Using Financial Ratios - An Application" in Proceedings of International Conference of Eurasian Economies 2017, pp.282-290, Istanbul, TURKEY.
DOI: https://doi.org/10.36880/C08.01825
