Aerlines Magazine » Airline Economics

An Empirical Study of Catering Costs in an Emerging Airline Market

admin — Mon, 05 Dec 2011 11:00:45 +0000

By João Luiz de Castro Fortes and Alessandro V. M. Oliveira

This study investigates how Brazilian airlines’ quality of catering has changed across a ten-year period through an analysis of catering costs. This article shows a strong tendency of cost decreasing along with cost convergence of the values spent by airlines, especially the ones which were known by their differentiated in-flight service.

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Stormy Skies – Airlines in Crises by Paul Clark

admin — Mon, 05 Dec 2011 11:00:25 +0000

Without any doubt we can state that the latest financial crises has had a tremendous impact on the aviation industry, and certainly not in a good way. The main question is what airlines have learned from this and previous set-backs, and how they use this information to make their businesses more sustainable in times of economic meltdown.

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Book Review: Foundations of Airline Finance by Bijan Vasigh

Frank van der Zwan — Mon, 13 Jun 2011 11:00:49 +0000

From frequent flyer programs to fuel hedging, this new book on airline finance provides you with a foundation in finance and in the application of these methodologies to various topics in airline industry practice.

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Airport Punctuality, Congestion and Delay: The Scope for Benchmarking

Branko Bubalo — Mon, 13 Jun 2011 11:00:30 +0000

Airport performance benchmarking increasingly requires level-of-service (LoS) indicators for afair comparison among members of the same peer group. For a true performance analysis such inclusion ofquality measures is necessary to differentiate airports with similar pure output quantities, i.e. number of aircraftmovements. Since variation of scheduled times versus actual times could substantially cause accumulatingoperating costs for carriers and could furthermore pose the risk and inconvenience of missed connections for thepassengers, this article examines determinants of flight delays at airports, and thereby developing performanceindicators such as slot capacity utilization, queueing time and punctuality. The essence of underlying phenomenain queueing theory such as Little’s Law, arrival and departure distributions, and cumulative throughput anddemand diagrams are briefly explained. This work’s aim is the exploration of ways of measuring and observingperformance quality from actual flight schedules with a focus on usability for subsequent airport benchmarkingand traffic modeling.

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