Sustainable airport development with performance evaluation forecasts: A case study of 12 Asian airports

An Approach to Measure the Performance and the Efficiency of Future Airport Infrastructure

“…The precision of a cost-benefit analysis depends mainly on the accuracy of traffic forecasts (enplaned passenger demand (PAX) and air transport movements (ATMS)) and construction costs forecasts [8]. PAX and ATMS are forecasted because they are output variables that give an idea about the traffic volume that an airport would probably have to operate in the future, and hence, these are the most important indicators of airport operational performance [9]. However, PAX and ATMS forecasts are likely to be wrong [10] and the uncertainty over 50% because forecasting methods cannot guarantee 100% accuracy [11].…”

“…Airport performance studies have been developed for some time [9] applying different methodologies, but mainly, Data Envelopment Analysis (DEA), Stochastic Frontier Analysis, econometric theory, and through the development of benchmark indexes. However, lately, the amount of research that applies DEA to study Airport performance has grown [12].…”

“…This is because airports are homogeneous decision-making unites (DMUs) that use the same inputs to produce the same outputs, and DEA is a non-parametric optimization model for evaluating the relative efficiencies of a set of homogeneous DMUs that uses the same inputs and outputs variables [13]. Therefore, different DEA models have been proposed to study airport efficiency or airport performance by evaluating different inputs and outputs variables [2,3,9,12,.…”

“…In the literature, many variables have been proposed to study airports performance [2,3,9,12,[14][15][16][17][18][19][20][21][24][25][26][27][28][29][31][32][33][34][35][36][37]. Most of the proposed input variables are related, similar, and try to measure the same that some of the variables chosen to study future airport infrastructure performance in this paper, which are: the number of runways (Runways), airport size (Airport Size), the number of employees (Num.…”

“…of Employees), the number of city connections (Cities), the number of gates (Gates), and the number of pax carriers (Pax Carriers). The output variables are PAX and ATMS because they are the most important indicators of airport operational performance [9].…”