Development Potentials of Low Cost Aviation in the Republic of Croatia

Vidović, Andrija; Steiner, Sanja; Štimac, Igor

doi:10.7307/ptt.v23i6.187

Cited by 3 publications

(3 citation statements)

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“…The comparison of the aircraft models available in the market that should be acquired to form the fleet of an air cargo carrier remains essentially a multi-attribute decision-making problem (Čokorilo et al , 2010; Fernandez-Castro and Smith, 2002; Gomes et al , 2014; Ozdemir et al , 2011; Vidović et al , 2011). Multi-attribute problems deal with a multiplicity of objectives, many times conflicting, that should be optimized over a set of feasible solutions subject to a number of constraints (Dyer et al , 1992; Gwo-Hshiung and Jih-Jeng, 2011; Kumar, 2006; Teng and Tzeng, 1993; Wallenius et al , 2008).…”

Section: A Methodology Based On Dea For Product Benchmarkingmentioning

confidence: 99%

Product benchmarking in the air cargo industry

Storto

2017

BIJ

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Purpose The purpose of this paper is to present an objective decision-making framework and conduct a benchmarking study in the air cargo industry. Design/methodology/approach The decision-making framework and benchmarking methodology evaluates the aircraft value for money (VfM) as a benefit-to-cost ratio calculated adopting a measure of relative efficiency. This efficiency score is measured as a comprehensive efficiency index obtained by combining several efficiency scores calculated by implementing four data envelopment analysis (DEA) models. Findings The framework is used to carry on a benchmarking study in the air cargo industry on a sample of 27 airplanes. The average VfM is 67.04 percent, with measurements between 39.96 and 116.03 percent. Only three airplanes achieve full VfM and behave as benchmarks to the remaining airplanes. Boeing B727-200 is a broad player in the market. Some old cargo models (DC 9-30F) deliver the same amount of VfM as more recent aircraft models (i.e. MD-11F and A300-600F). Research limitations/implications The decision-making framework and benchmarking methodology can usefully support managers to make sound decisions and plans. Even though DEA generates attributes weights to different alternatives that are independent of the buyer preferences, the framework flexibility allows introducing a weighting scheme to take into account the managers preferences for certain aircraft performance/functional features. It can easily include new functional/performance measurements and adapt the VfM measurement to the particular economic context, strategy, and business model of the airlines, or be transferred to different industries. Originality/value The framework combines technical, functional performance, and economic cost measurements to get a unique efficiency index to evaluate the airplane VfM.

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Section: A Methodology Based On Dea For Product Benchmarkingmentioning

confidence: 99%

Product benchmarking in the air cargo industry

Storto

2017

BIJ

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“…Time is crucial in LCCs business, so these companies have to ensure that their airplanes are constantly on the move. 20…”

Section: Strategies In Low-cost Air Transportmentioning

confidence: 99%

Customer Satisfaction With Services of Low-Cost Carriers at Pula and Zadar Airports

Naletina

Damić

Jabučar³

2019

iele

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Air transport is the newest form of traffic branch and, in today's modern conditions, it advances very quickly. Basically, air transport provides passenger transportation, especially to faraway destinations, because of its greatest advantage-speed of travel. Due to globalization, the air transport market is characterized by strong competition, and the liberalization of the Croatian air transport industry has contributed to the increased utilization of international passenger transport. Precisely as a result of the aforementioned influences, air transport requirements in Croatia are experiencing higher growth. The dependence on air transport and tourism is increasingly necessary and of great economic importance. With the emergence of low-fare airlines on the Croatian market, passengers have more choices and opportunities than ever before. With their presence on the market, low-cost carriers have greatly influenced the air transport market and contributed to the growth of passenger traffic. This paper aims to explore passengers' satisfaction with low-cost carriers. The results of primary research show that passengers who travel with low-cost carriers place high importance on pricing, ticket availability and destination availability, and are satisfied with the service they receive in comparison to the ticket price. Passengers place importance on how quickly they can buy tickets online and the availability of various payment options.

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“…They consider cost (purchasing, operation and spare, maintenance and salvage cost), time (delivery time and useful life) and physical attributes and others (dimensions, security, reliability and suitability for service quality) as the main criteria (sub-criteria). Vidović et al (2011) define the criteria applicable to modelling of low-cost airline in the Republic of Croatia. They propose seats, mass (payload, MTOM -maximal take-off mass), operating data (airspeed, flights altitude, range), infrastructure needs (runway length for take-off and landing) as the criteria (sub-criteria) for selecting optimal aircraft type from set of three aircraft types.…”

Section: Introductionmentioning

confidence: 99%

Comparison of Two MCDM Methodologies in Aircraft Type Selection Problem

Dožić

Kalić

2015

Transportation Research Procedia

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In order to provide a satisfactory choice while dealing with multiple criteria, planners apply some of the multiple criteria decision making (MCDM) methods as an aid to decision making. As the aircraft type selection embodies inherent multi-criteria decision making, two MCDM methods, the Analytic Hierarchy Process (AHP) and the Even Swaps Method (ESM), are applied and illustrated with the case study of a hypothetical regional airline. These methods are compared, as well as solutions they arrived at. Considering the difference between the AHP and ESM, a sensitivity analysis is carried out in different ways. In the AHP, the sensitivity of alternative ratings in respect to different pairwise comparisons of the alternatives is analysed, showing that the AHP is sensitive to this kind of changing. In the even swaps method, the objective ranking across alternatives is varied showing that the ESM is not sensitive at all. The final priority weight for specific aircraft type decreases with the decrease of the domination measure of one aircraft over another with respect to payment conditions, for all aircraft types in the solutions obtained by AHP.

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Development Potentials of Low Cost Aviation in the Republic of Croatia

Cited by 3 publications

References 0 publications

Product benchmarking in the air cargo industry

Product benchmarking in the air cargo industry

Customer Satisfaction With Services of Low-Cost Carriers at Pula and Zadar Airports

Comparison of Two MCDM Methodologies in Aircraft Type Selection Problem

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