Assessing the Financial Condition of Civil Reserve Air Fleet Participants

The full text article is not available for purchase.

The publisher only permits individual articles to be downloaded by subscribers.

Abstract:

The Civil Reserve Air Fleet (CRAF) consists of commercial air cargo and passenger carriers that have agreed to augment the Air Force's air mobility and transport capabilities in times of national emergency. Several reports have indicated that the CRAF is expected to play an important national-defense role in the future in augmenting the Air Force's airlift capacity. Between 199294, CRAF participants played a significant role in 12 major airlift operations. In order for the Air Force to be able to rely on CRAF participants responding when needed, it is important that the participants be financially healthy. In the past, the Air Force has lost CRAF participants Braniff Airlines, Eastern Airlines, and Pan Am Airlines due to bankruptcy and liquidation. This research assesses the financial condition of CRAF participants using data envelopment analysis via a window analysis. The results indicate that CRAF participants struggled financially in the early 1990s but have since recovered with two exceptions, Trans World Airlines and Reno Air.
More about this publication?
  • Military Operations Research will no longer be hosted by ingentaconnect as of March 1, 2015. Subscriptions and access to issues for subscribers will be available through the MORS website Journal page here: http://www.mors.org/Publications/MOR-Journal For assistance please contact Liz Marriott liz.marriott@mors.org or 703-933-9071.
  • Information for Authors
  • Submit a Paper
  • Subscribe to this Title
  • Membership Information
  • Editorial Policy
  • ingentaconnect is not responsible for the content or availability of external websites
Related content

Tools

Favourites

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more