Technical efficiency of mainstream airlines and low-cost carriers: New evidence using bootstrap data envelopment analysis truncated regression

Technical efficiency of mainstream airlines and low-cost carriers: New evidence using bootstrap data envelopment analysis truncated regression

This paper contributes to the literature on airline efficiency by undertaking an international comparison of airline performance in 2006 following Simar and Wilson’s (2007) bootstrapped truncated regression approach; focusing on 2006 helps to determine whether the airlines undertook appropriate cost-cutting and operational...
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What comes next after recession? – Airline industry scenarios and potential end games

What comes next after recession? – Airline industry scenarios and potential end games

The paper contrasts the effects on European airlines of the post-2008 economic recessions with previous severe economic downturns. The analysis indicates that airlines were better prepared for the impacts on the demands for their services after in the post-200...
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Lowest price guarantees on airline websites: Perceived believability, perceived value, and purchase intentions

Lowest price guarantees on airline websites: Perceived believability, perceived value, and purchase intentions

Although lowest price guarantees (LPGs) are common on airlines’ official websites, a deeper understanding of how customers evaluate these guarantees is lacking. This study examines the effects of two LPG terms-depth of refund and refund conditions-on custom...
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Airline flight schedule planning under competition

Airline flight schedule planning under competition

This paper presents a modeling framework for airline flight schedule planning under competition. The framework generates an operational flight timetable that maximizes the airline’s revenue, while ensuring efficient utilization of the airline’s res...
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An integrated MCDM model for improving airline operational and financial performance

An integrated MCDM model for improving airline operational and financial performance

In this study, we proposed an integrated soft computing model to solve the airline financial and operational performance problem. Our hybrid model combined DRSA, DEMATEL, DANP, and VIKOR methods to rank and identify the financial and operational critical facto...
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The evolution of low-cost Carrier operational strategies pre- and post-recession

The evolution of low-cost Carrier operational strategies pre- and post-recession

This study presents an analysis of low-cost carrier (LCC) competition strategies for Continental US (CONUS) domestic markets. Using OAG schedule data from 2005 to 2015, pre- and post-recession trends in LCC flight offerings were analyzed and compared with thei...
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Impact of operating cost components on airline efficiency in India: A DEA approach

Impact of operating cost components on airline efficiency in India: A DEA approach

The present study estimates the technical and scale efficiency of domestic operations of airlines with reference to Indian aviation sector. The study intends to determine how efficiently the operating cost and its components are utilised by each airline relati...
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Why do airlines prefer multi-hub networks?

Why do airlines prefer multi-hub networks?

  This paper investigates a monopoly airline’s incentive to adopt a multi-hub (2-hub) network from the perspective of horizontal product differentiation. We find that: when both extra travel time disutility of one-stop services and marginal congestion...
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The virtualization of the airline industry: A strategic process

The virtualization of the airline industry: A strategic process

  This paper analyses the virtualization of the airline industry as a strategic response to competitive pressures. Increased competition has driven the associative behavior of airlines, fostered the development of global alliances and the use of codeshar...
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Alternative risk-averse approaches for airline network revenue management

Alternative risk-averse approaches for airline network revenue management

The main aim of the study is incorporating risk measures into the risk-neutral expected marginal revenue (EMR) model in order for the risk-averse decision makers of the airline networks to develop their own policies for accepting or rejecting the booking...
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