The levered beta for the Airline Industry is 1.08 (Yale School of Management, 2002); however we chose the higher levered beta of Southwest (1.10) as the best representation of low-cost carriers’ levered beta (figure 4)
The levered beta for the Airline Industry is 1.08 (Yale School of Management, 2002); however we chose the higher levered beta of Southwest (1.10) as the best representation of low-cost carriers’ levered beta (figure 4)