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Keywords: Airline industry
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Journal Articles
Management Research Review (2012) 35 (6): 462–472.
Published: 18 May 2012
... and risk management. It illustrates the use of real options in the airline industry, and how real options are used as a risk management tool. Then the model is developed which illustrates how a diverse fleet can provide an airline protection against fuel price risk. Findings The results of the model...

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