The aviation sector contributes by 4% to the global economy. However, it has been reported that the sector is responsible for 2% of net global CO 2 emissions, and 12% of the global transportation sector alone. The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) can...

The dynamics of evaporating and non-evaporating drops falling in air under the influence of gravity is experimentally and theoretically studied in this work. Water and acetone drops with diameters 2.0 were tracked for approximately 2 m, corresponding to a flight-time of almost one second....

Abstract Modern commercial aircraft can experience significant solar loading during turnaround when the aircraft is stationary on the tarmac. With the increased usage of composite materials, a change in the aircraft thermal environment results due to the substantial difference in metal and...

In the light of finite oil reserves, Persian Gulf oil-exporting economies have recently undertaken major investments in their domestic travel and tourism industries. Building on the Bayesian SVAR model of the global oil market in Baumeister and Hamilton (2019), we investigate the conditional...

According to Nobel Laureate Edmund Phelps (2013, p. 123), Mises’s critique of economic calculation under socialism renders him the originator of the economic analysis of property rights. This paper also suggests that implicit to Mises’s impossibility theorem was also the origins of the...

The formation of airline parallel alliances is harmful because it concentrates the market, however, under certain circumstances may be beneficial. In particular, vertical airport-airline agreements allow the airport to influence the downstream market, changing the effects of parallel alliances....

The COVID-19 pandemic can be considered an unparalleled disruption to the aviation industry in the last century. Starting with an at-that-time inconceivable reduction in the number of flights from March 2020 to May 2020, the aviation industry has been trying to navigate through and out of the...

The safety of the commercial airline industry has attracted considerable public attention and debate since economic deregulation of the industry in 1978. These concerns have energized economic research on three aspects of airline safety. First, has the level of airline safety declined since...

The paper explores the long versus short-term attributes of the airline industry exposure to oil price risk in a macroeconomic framework that emphasizes the interconnections between various risk factors, which is the main contribution to the research in the field. A panel ARDL model and PMG...

The main objective of this paper was to establish factors that affect employee productivity at Kenya Airways headquarters Nairobi Kenya. The paper was guided by two objectives which were; training and wages and how they affect employee productivity in the air transport industry. The researcher...

Background: The main goal of this case study is to analyze the air traffic, air cargo, and the safety-hygiene air corridor between UK and Spain, in airports managed by MAG Group (UK) and AENA Group (Spain). Methods: To review the specific paradigm of research which discusses, investigates, and...

Pumps, pressure drops across fittings, and flight operations (such as turning manoeuvres, take-off, and landing) are some of the many sources of turbulence mixing and shearing in aircraft fuel systems, therefore, making it an inevitable condition. Literature established that shearing conditions...

We examine two factors that might explain the extent of air traffic delays in the United States: network benefits due to hubbing and congestion externalities. Airline hubs enable passengers to cross-connect to many destinations, thus creating network benefits that increase in the number of...

In this paper we construct a short run model of the firm describing the behavior of thirteen U.S. airlines during the difficult transition to deregulation. Several modeling scenarios are developed to assess three common assumptions in cost studies: the use of time as a proxy for technological...

The COVID-19 pandemic affected the tourism sector. We investigate the impact of COVID-19 on tourism industry and specifically the possible shocks transmitted from the aviation sector to the rest sectors of tourism and how the last response to volatility. We found that shocks during the pandemic...

The article is a comprehensive analysis of the economic impact of COVID-19 on Azerbaijan's aviation sector. Research shows that the decline in the aviation sector has affected not only aviation but also the tourism sector and small businesses at airports. Restrictions on air travel due to the...

We analyze the effect of mergers on various aspects of airline performance during the period 1970-84, using a panel data set constructed by Caves et al. Estimates derived from a simple "matched pairs" statistical model indicate that these mergers were associated with reductions in unit cost. The...

Firms establish a presence in a wide range of alliances to access the critical resources that they may need at any one time. Although inter-organizational relationships constitute the channels through which social capital flows, firms should consider which mechanisms or characteristics of the...

Airlines often route passengers on connecting flights through hubs. Despite theprevalence of connecting service, airline research focuses on nonstop routes. We estimatethe propagation of shocks to fares on nonstop routes to fares on connectingroutes that include those nonstop routes as a leg. We...

A number of recent papers have studied the relationship between price and market structure in the deregulated airline industry through a cross-sectional analysis of city-pair markets. Yet, while interesting, several potential difficulties underlie the inferences drawn in these analyses. In this...

Objective – This article aims to preliminarily examine and summarize the impact of COVID-19 on airline business and to briefly investigate how the airlines respond.Methodology/Technique – The researchers synthesize data and information collected from industry organizations' reports and...

The COVID-19 crisis still has a firm grip on the aviation industry after global air traffic slumped to 66% below the previous year's level in 2020, and many airlines could only be saved from bankruptcy by special loans or direct state equity investments. At the same time, there is increasing...

Forecasting of financial distress helps not only the companies but also their stakeholders, employees, creditors, stock market agents, etc. As COVID-19 has made a humungous impact on the Aviation industry of the country already we have witnessed a decline in the industry but since the country...

We study an integrated airline schedule design and fleet assignment model for constructing schedules by simultaneously selecting from a pool of optional flights and assigning fleet types to these scheduled flights. This is a crucial tactical decision which greatly influences airline profit. As...

Airfares vary across the booking horizon according to intertemporal price discrimination and adjustment of fares in response to stochastic demand shocks. Previous works studying these economic forces abstract away from the ramifications of pricing an itinerary has on revenue and consumer welfare...

Viele aktuelle Probleme im Luftverkehr hängen mit der Zahl der Flugbewegungen zusammen. Überfüllungen im Luftraum, erschwerte Koordination an Flughäfen, hohe Emissionen von Lärm und Schadstoffen sowie große Komplexität der Airlines sind Begleiterscheinungen zu vieler Flugbewegungen. Die...

Many current problems in air traffic are related to the number of aircraft movements. Overcrowding in the airspace, difficult coordination at airports, high emissions of noise and pollutants as well as complexity of airlines are side effects of too many aircraft movements. This study examines...

Airline industry is very important for modern society as the biggest player in the globalization process by connecting regions, promoting global trade and tourism, facilitating economic and social development. However, here is a lack of research on relationship between globalization and airline...

The aviation industry represents an important polluter, being responsible for increasing environmental impacts on global scale. Aiming to approach the adoption of suitable policies in the aviation industry towards the achievement of the national and international sustainability goals, the...

Der Luftverkehr ist durch die Maßnahmen gegen die COVID-19-Pandemie besonders stark betroffen. Der Verkehrsrückgang betrug 2020 zum Teil mehr als 90 %. Da die Branche von großer Bedeutung ist, sind besondere staatliche Unterstützungsmaßnahmen sinnvoll, wenn die Pandemie vorbei ist und neues...

'Future skills'; increase employees' prospects in the labor market, particularly in dynamic times, such as the current COVID-19 pandemic. (Not only) in Germany, flight attendants represent an occupational group without state-recognized vocational occupation who are particularly affected by the...

The aviation sector has a significant role to play in the reduction of carbon emissions, particularly in light of EU emissions targets. Within the EU, aviation emissions constitute 13.9 per cent of total transport emissions, where under the Green Deal a target of 90 per cent reduction in...