Spanish air travel and the September 11 terrorist attacks: a note |
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| Authors: | Vicente Inglada Beln Rey |
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| Institution: | a University Carlos III and Ministry of Public Works, Paseo de la Castellana, 67. 28071, Madrid, Spain;b Faculty of Economics, University Complutense, Campus de Somosaguas, 28223 Pozuelo, Madrid, Spain |
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| Abstract: | This paper studies the impact of the September 11 terrorist attacks and its after-effects on Spanish airline demand. Using monthly time series data from 1980–2003, we find that September 11th resulted in an ongoing negative demand shock although smaller than that experienced in the US but particularly in relation to international passengers. |
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| Keywords: | Terrorism Demand shocks Spanish airlines |
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