Airline Industry Analysis

Running head: AIRLINE FINANCIAL ANALYSIS Financial Statement Analysis of Selected Airlines Companies Fernando K. Benavente, Kristine Johnston, Rasjid Reksodiputro, and Jan Axel Tribler Hawai'i Pacific University Industry Background The terrorist attacks of September 11, 2001 brought about dramatic changes in the United States (U.S.) airline industry both in terms of short-term profitability and in standard operating procedures. In spite of the economy recovering from recession, the industry reported net profits of $5 billion in calendar year 1999 and $3 …

…txt Hawaiian Airlines, Inc. (2002, July 23 -- Filing date). Form 10-K/A: For the fiscal year ended December 31, 2001. Retrieved January 23, 2003, from http://www.sec.gov/Archives/edgar/data/46205/000091205702028134/a2084952z10-ka.htm Company Snapshot. (2003). Morningstar.com, Retrieved March 14, 2003, from http://quicktake.morningstar.com/Stock/Snapshot.asp?Country=USA&Symbol=Southwest&sktab=sksnap Smallen D. (2002, March 7). BTS indicators report shows September 11 impact on large airlines. Retrieved March 14 2003, from http://www.bts.gov/PressReleases/2002/bts003_02.html