Assessing the effects of flight delays, distance, number of passengers and seasonality on revenue

Güven, Murat; ÇALIK, Eyüp; ÇETİNGÜÇ, Başak; Güloğlu, Bülent; Çalışır, Fethi

doi:10.1108/K-01-2018-0022

Assessing the effects of flight delays, distance, number of passengers and seasonality on revenue

Yazarlar (5)

Murat Güven Sakarya Üniversitesi, Türkiye

Doç. Dr. Eyüp ÇALIK Yalova Üniversitesi, Türkiye

Dr. Öğr. Üyesi Başak ÇETİNGÜÇ Yalova Üniversitesi, Türkiye

Bülent Güloğlu İstanbul Teknik Üniversitesi, Türkiye

Fethi Çalışır İstanbul Teknik Üniversitesi, Türkiye

Makale Türü	Özgün Makale (SSCI, AHCI, SCI, SCI-Exp dergilerinde yayınlanan tam makale)
Dergi Adı	Kybernetes (Q3)
Dergi ISSN	0368-492X Wos Dergi Scopus Dergi
Dergi Tarandığı Indeksler	SCI-Expanded
Makale Dili	İngilizce	Basım Tarihi	09-2019
Kabul Tarihi	–	Yayınlanma Tarihi	07-10-2019
Cilt / Sayı / Sayfa	48 / 9 / 2138–2149	DOI	10.1108/K-01-2018-0022
Makale Linki	http://dx.doi.org/10.1108/k-01-2018-0022

Özet

Purpose
This study aims to investigate the effects of flight delays, distance, number of passengers and seasonality on revenue in the Turkish air transport industry.

Design/methodology/approach
The domestic return routes of a Turkish airline company were examined to address this issue. Among five cities and six airports, 14 major domestic return routes were selected. The augmented mean group (AMG) estimator and common correlated effects mean group (CCEMG) estimator were conducted with a two-way fixed effects (FE) robustness test in this study.

Findings
The results show that arrival flight delay and departure flight delay had negative effects on revenue, whereas the distance between airports, the number of air passengers and seasonality had positive effects on revenue.

Research limitations/implications
The data used in this study were retrieved from a Turkish airline company; for future research, other airline companies operating in Turkey may be included.

Practical implications
These findings could be evaluated by air transportation leaders to provide a guide to make strategic decisions to achieve greater performance in this competitive environment.

Originality/value
The originality of the paper comes from the facts that besides distance and number of passengers, the authors control for the seasonality when assessing the effects of flight delay on revenue; they use panel data techniques, which permit them to control for individual heterogeneity, and create more variability, more efficiency and less collinearity among the variables; they use two recent panel data techniques, CCEMG and AMG, allowing for cross-section dependence.

Anahtar Kelimeler

BM Sürdürülebilir Kalkınma Amaçları

Atıf Sayıları

Assessing the effects of flight delays, distance, number of passengers and seasonality on revenue

Dergi Adı	KYBERNETES
Yayıncı	Emerald Publishing
Açık Erişim	Hayır
ISSN	0368-492X
E-ISSN	1758-7883
CiteScore	6,1
SJR	0,606
SNIP	1,000

Assessing the effects of flight delays, distance, number of passengers and seasonality on revenue

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