The short-term impact of 9/11 on European airlines demand

Authors

  • Eva Aimable World Travel & Tourism Council, 1-2 Queen Victoria Terrace, Sovereign Court, London, UK, e-mail: eaimable@gmail.com
  • Jaume Rosselló Centre de Recerca Econòmica, Universitat de les Illes Balears, Carretera Valldemossa km. 7,5, 07122 Palma de Mallorca, Illes Balears, Spain, tel.: +34 971 17 2459, fax: +34 971 172389, e-mail: josevieira@uac.pt

DOI:

https://doi.org/10.54055/ejtr.v2i2.34

Keywords:

tourism, airlines, airline demand, terrorism, forecasting, September 11

Abstract

This paper assesses the short-term impact of the US September 11 terrorist attacks and its after-effects on European Airline Demand. Using monthly data for ten time series from the Association of European Airlines (AEA), different univariate methods are estimated in order to evaluate the airlines traffic in terms of revenue passenger kilometres by comparing the fitted values resulting from the univariate methods employed for one year against the actuals. The results suggest that th September 11 impacted all of the European airline routes under study to a varying degree. The effects of the terrorism attack did not fully dissipate in most of the time series understudy by the end of October 2002.

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Published

2009-10-01

How to Cite

Eva Aimable, E. A., & Rosselló, J. (2009). The short-term impact of 9/11 on European airlines demand. European Journal of Tourism Research, 2(2), 145–161. https://doi.org/10.54055/ejtr.v2i2.34

Issue

Vol. 2 No. 2 (2009): European Journal of Tourism Research

Section

Research papers