Here is the synopsis of our sample research paper on Findings and Conclusions for Research on the Relationship between the Profit Margin of Airlines and the Hedging for Aviation Fuel. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 48 page paper looks at primary data collected as part of a project to assess whether or not the practice of hedging for fuel by airlines would impact on their financial performance measured as their operating profit. The paper presents the results using statistical analysis, looking at the impact on hedging on airlines as well as considering the impacts of fleet size and the volatility of oil prices. The findings are discussed with reference to theory before the implication and recommendations are discussed. The bibliography cites 17 sources.
Page Count:
48 pages (~225 words per page)
File: TS65_TEhedgfind.doc
Buy This Term Paper »
 
Unformatted sample text from the term paper:
of data points by year 6 Figure 1; Mean the fleet size of hedged and un-hedged airlines 8 Table 3; Sample Profile 9 Table 4; Annual data for hedged and un-hedged airlines 10 Figure
2; Profit of the hedged and un-hedged airlines 11 Figure 3; Profit margin and fleet size for hedged airlines 13 Figure 4; Mean operating profit and fleet size for hedged airlines 14 Figure
5; Profit margin and fleet size for un-hedged airlines 15 Figure 6; Mean operating profit and fleet size for un-hedged airlines. 16 Table 5; Annual adapted beta 18 Figure 7; Operating profit of
hedged airlines against oil price volatility 19 Figure 8; Operating profit of un-hedged airlines against oil price volatility 20 4.2 Discussion and Evaluation 24 4.3 Summary 36 5. Implications, Recommendations, and Conclusions 37 5.1 Implications 37 5.2 Recommendations 44 5.3 Conclusions 45 5.4 Future Research 47
4. Findings To assess the whether or not there is a potential relationship between the practice of airline fuel hedging and the profitability of an airline. A key
aspect of this research is to assess the returns that are realised by airlines against their position as an airline that hedges or does not hedge. Reviewing some fo the
important issues will help with the assessment of the data collected. This chapter will present the findings. The chapter will start by reviewing some of the important issues in the
literature which have guiding the way that the data was collected and analyzed. Following this review the chapter will examine the data in a logical manner, starting with a description
of the data and then analysing the different factors in turn. The literature review indicated that there were a number of reasons airlines may hedge, Brooks (2008) argued that
the main motivation was to control costs. In this case, it may be assumed that where cost controls are undertaken effectively, and where the cost incurred during the hedging process
...