Network ambidexterity and environmental performance: Code‐sharing in the airline industry

This paper addresses the issue of inter-organizational information-sharing alliances and their impacts on firm values from the perspective of inter-organizational coordination between partners in the airline industry setting. We investigate the shareholder wealth effects of inter-organizational information-sharing alliance arrangements, using 131 cede sharing agrc.unems in the airline industry betwcm 1984-1997. Employing event study methodology, we find that the information-sharing alliances between similar partners did create positive value in terms of stock returns at the time of alliance announcements to major US airlines. However, alliances between dissimilar partners resulted in significant losses of shareholder value to the major airlines. These results strongly support our main hypotheses, that information- sharing alliances arc successful and the benefits of such alliances are realized only when coordination difficulties can be effectively dealt with.

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Code-sharing agreements and path quality in the US airline industry

Transport Policy ◽

10.1016/j.tranpol.2021.12.021 ◽

2022 ◽

Author(s):

Jules Yimga

Keyword(s):

Airline Industry ◽

The Us ◽

Code Sharing ◽

Path Quality

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The Contribution of Global Alliances to Airlines’ Environmental Performance

Sustainability ◽

10.3390/su11174606 ◽

2019 ◽

Vol 11 (17) ◽

pp. 4606 ◽

Cited By ~ 1

Author(s):

Belén Payán-Sánchez ◽

Miguel Pérez-Valls ◽

José Antonio Plaza-Úbeda

Keyword(s):

Empirical Evidence ◽

Business Model ◽

Analysis Of Variance ◽

Airline Industry ◽

Environmental Performance ◽

Inverse Relationship ◽

Global Alliance ◽

Multilateral Agreement

Global alliances have traditionally been related to improvements in the economic and operational performances of companies, particularly in the airline industry. However, we still do not know the effect of the participation in this kind of multilateral agreement on the environmental performance of airlines. The main aim of this work is to analyze whether the alliance membership of airlines has an effect upon their environmental performance, and if so, whether or not the characteristics of the global alliance, as well as the business model of the airline, may influence this relation to a greater or lesser extent. The results of regression and Analysis of Variance (ANOVA) in a sample of 252 airlines (58 included in one of the three global alliances: Star Alliance, Oneworld, and SkyTeam) show a strong and inverse relationship between environmental performance and belonging to an alliance. The paper also shows empirical evidence of the influence of the business model of the airline on environmental performance. These results suggest important implications for managers facing challenges regarding sustainability.

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