.... This study examines whether the proportion of owned aircraft (POWNED) is associated with airline profitability measures reported after the adoption of ASC 842, while controlling for operational scale, fleet characteristics and macroeconomic conditions. Design/methodology/approach We use an unbalanced...

...Su-Jane Hsieh; Yuli Su Purpose This study examines the statistical reliability of the derived earnings impact, defined as the difference in lease expense between an operating lease and the corresponding as-if finance lease. Using post-ASC 842 data, it examines the economic implications...