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This study analyzes the relationships between §downsizing and various financial and operational §outcome variables among three airline carriers. §Examines the airlines that were selected due to a §large volume of international and regional flight §departures, the varying characteristics of the §airlines in terms of size, niche, and performance, §and the availability of the secondary data for §analysis.§Provides archival data were collected from various §sources covering a time period. §Delves a parallel autoregressive time series §analyses were conducted for the three airlines in §which the outcome variables were modeled as §functions of the number of employees and an §autoregressive effect, allowing for the §incorporation of the serial dependence of the §outcome variable values. §Presents one model that was examined for each of the §six dependent measures and each of the three §airlines, for a total of 18 models.