Airport business models and the COVID-19 pandemic: An exploration of the UK case study

Çolak, Özlem; Enoch, Marcus P.; Morton, Craig

doi:10.1016/j.jairtraman.2022.102337

Cited by 16 publications

(4 citation statements)

References 38 publications

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“…Notwithstanding, we should also add to the coronavirus crisis the high inflation of the price of basic commodities in Europe [63], the Russia's invasion of Ukraine, and Brexit [3], which are affecting the tourism and air transport demand across the globe in 2023. Colak et al [64] note that airport and airline operators have to spend money on increasing cleaning and hygiene measures to maintain passengers' safety and confidence after the COVID-19 pandemic. Conversely, airports and airlines are cutting costs in cleaning and hygiene activities because they want to recover the lost profits during the pandemic, and passengers are more price-sensitive than they have ever been; in fact, Gualini et al [65] suggest that these strategies are being used by US airports and Southwest, Delta, United, and American airlines to reduce aeronautical and commercial costs.…”

Section: Cleaning and Hygiene Activities Should Remain A Priority At ...mentioning

confidence: 99%

Cleaning and Hygiene in the Air Transport Industry after the COVID-19 Pandemic

Florido-Benítez

2023

Hygiene

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Bearing in mind the socio-economic consequences of COVID-19 on airports and passengers, this study considers cleaning and hygiene a top priority in airports and airlines’ operating processes. Both airport operators and passengers should be aware that the COVID-19 pathogen has not yet gone away and, thus, continues to spread despite mass vaccination. In this context, this paper’s objective is to show the importance of cleaning and hygiene in the air transport industry to encourage the passengers’ confidence in making decisions to travel on commercial airlines and help airport and airline operators make better decisions in their efforts to improve the cleaning and hygiene protocols. Passengers’ awareness of hygiene and cleanliness has increased, but unfortunately, airports and airlines have reduced cleaning and hygiene activities to save costs. Although there is much to do to help the aviation sector recover, we also see plenty of reasons to be optimistic about the air transport industry’s future, as long as airport and airline operators can guarantee an adequate quality of service with regard to cleaning and hygiene in order to ensure passengers’ safety and well-being. Airports and airlines cannot lower their guard because the SARS, H1N1, MERS, and COVID-19 viruses remain active in society.

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Section: Cleaning and Hygiene Activities Should Remain A Priority At ...mentioning

confidence: 99%

Cleaning and Hygiene in the Air Transport Industry after the COVID-19 Pandemic

Florido-Benítez

2023

Hygiene

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“…Prior to the COVID-19 pandemic, the aviation sector had been rapidly developing on a global scale (Dimitriou & Sartzetaki, 2022), but upon the introduction of the global lockdown measures, the demand for air travel fell by 90%, creating a profound crisis for airports (Colak et al, 2023) that has not been witnessed before in the airport history (Serrano & Kazda, 2020). Business investments into airports became high-risk ventures (Dimitriou & Sartzetaki, 2022), which is why governments and other authorities took up the role of supporting airports throughout the pandemic time by lowering financial pressure on current expenses and earlier investments (Serrano & Kazda, 2020), and by offering state loans that were expected to eventually return by a positive impact on macroeconomic indicators, such as GDP, employment rates and nation's connectivity (Scheelhaase et al, 2022).…”

Section: Why To Apply To Airport Sustainability Reportingmentioning

confidence: 99%

Integrated Reporting as a Model for Sustainability Management Reporting: The Case of Northeastern European Airports

Uzule

2023

Aviation

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In their annual and sustainability reports, many companies assert their adherence to the Sustainable Development Goals (SDGs) of the United Nations. The validity of such claims might be questioned if they are not substantiated with financial information and descriptions of value-creation projections. One framework that can show how SDGs are achieved is integrated reporting (<IR>). In contrast to traditional sustainability reports, <IR> encourages the integrated analysis of financial and non-financial information for six capital types within the company’s business model, which enables measuring the achievement of sustainability targets. Among many advantages of <IR> related to sustainability is also the analysis of value creation processes in the long term, which generates evidence-based projections of future performance, not merely a reflection on past activities. The aim of this research was to determine if Northeastern European airports apply the <IR> framework to their annual sustainability communications with stakeholders. The major research finding indicates that these airports do not use the <IR> framework in their annual sustainability reporting. However, given the inclusion of <IR> features in their reports and a recent tendency of other airports to adopt <IR>, this finding can be a sign of transition to <IR> for annual sustainability reporting.

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“…The business models of the airports in the UK during the COVID-19 pandemic were found to be closely linked to external factors as well as to many other industries [24]. Four approaches that should inspire airport business models in the future are minimizing costs and improving management efficiency; diversifying revenue streams and seeking new business opportunities; intensifying commercial activities; and using digital technologies to improve the customer experience and processes [24]. In addition, there is a need to focus on sustainability and environmental responsibility.…”

Section: Introductionmentioning

confidence: 99%

“…In addition, there is a need to focus on sustainability and environmental responsibility. Knowing the business model is one of the most important factors during any crisis, as it allows the owner to react flexibly to change and ensure the sustainable development of the airport [24][25][26].…”

Section: Introductionmentioning

confidence: 99%

Navigating Regional Airport System Economics: Insights from Central Europe and Croatia

Novák,

Novák Sedláčková,

Kováčiková

et al. 2024

Systems

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This paper delves into regional airport system economics in Central Europe, with a particular focus on Slovakia, Czechia, Poland, Hungary, and Croatia. This research aimed to identify key indicators that shape optimal business models for regional airport systems by analyzing data from 24 airports between 2016 and 2019. Through cluster analysis, airports were categorized based on performance metrics, economic indicators, and ownership structures. The findings reveal distinct groupings among regional airports and shed light on critical factors influencing their operational and financial dynamics. By offering insights into the relationships between airport system characteristics and business model effectiveness, this paper aimed to provide valuable guidance for stakeholders, policymakers, and airport management teams. It facilitates informed decision-making and strategic planning for sustainable aviation infrastructure development in the region.

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Airport business models and the COVID-19 pandemic: An exploration of the UK case study

Cited by 16 publications

References 38 publications

Cleaning and Hygiene in the Air Transport Industry after the COVID-19 Pandemic

Cleaning and Hygiene in the Air Transport Industry after the COVID-19 Pandemic

Integrated Reporting as a Model for Sustainability Management Reporting: The Case of Northeastern European Airports

Navigating Regional Airport System Economics: Insights from Central Europe and Croatia

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