https://hdl.handle.net/20.500.11857/609 2026-06-02T23:02:15Z https://hdl.handle.net/20.500.11857/2681 Liquidity management performance of major international airline companies Özçelik, Berna Dömbekci Civil aviation sector is developing in line with global economic developments. Total number of passengers carried on scheduled services rose to 4.1 billion passengers increasing by 7 % in year 2017. While total number of departures increased to 37 million, highest number of all times, global passenger load factor (LF) reached 81 % in 2017. European air carriers recorded a growth of 8 % and accounted for the largest share of 37 % of total international scheduled passenger traffic. Asia Pacific had the second largest share of 29 % growing by 10 % in 2017 (Directorate General of Civil Aviation, 2018). Meanwhile, number of passengers in Turkey rose to 193 million increasing by 11 % for the same year (Turkish Airlines 2017 Annual Report, 2018). Due to this growth, Turkey had a market share of 5 % on a worldwide basis. The aim of this study is to analyze liquidity management performance of 20 international airline companies, of which two of them are operating in Turkey, between 2011 and 2017 by using liquidity ratios. This analysis thus underlines best airline companies in the world from liquidity perspective. 2 Literature Review Feng and Wang (2000) analyzed operational and financial performance of five Taiwanese domestic airlines named as Far Eastern Air Transport (FAT), TransAsia Airways (TNA), UNI Air (UIA), Great China (GCA) and Formosa Airlines (FMA). They divided the performance into three categories as production, marketing and execution and formed. © Peter Lang GmbH Internationaler Verlag der Wissenschaften Berlin 2019 All rights reserved. 2019-01-01T00:00:00Z https://hdl.handle.net/20.500.11857/2677 An investigation on the determination of financial literacy level Çevik, Cemal One of the most important goals in the life cycle of the individual is to maintain and improve the current level of prosperity. Every individual independent from the level of existence must make an expenditure in order to meet his/her needs and demands in daily life. People with sufficient monetary power will make their expenditures without any problems and those who do not have the right to sell or borrow their assets. People with more than their income will want to protect the future value of existing assets and to make more profitable and safe investments against unexpected economic and natural risks. An individual needs to have financial literacy knowledge to be able to take these decisions into the finance field effectively and correctly. It is necessary to increase the need for financial literacy in order to compare individuals’ credit card usage alternatives in daily life, to develop preferences among payment methods, to take a lot of financial decisions effectively, from where to invest to what amount to save and where to get the credit in the best conditions (Lusardi, 2008) expressed in the study. In this study, the aim is to measure the financial literacy levels and the variables affecting the level of undergraduate students in different faculties and colleges within Kirklareli University. The data obtained in this study has been compared with the results of the study conducted in different universities, and the financial literacy levels of. © Peter Lang GmbH Internationaler Verlag der Wissenschaften Berlin 2019 All rights reserved. 2019-01-01T00:00:00Z