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Journal articles on the topic 'Airline risk management'

Author: Grafiati

Published: 4 June 2021

Last updated: 11 February 2022

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1

Tereshchenko, E., O. Shkolenko, I. Kosmidailo, I. Kalina, and N. Shulіar. "FORMATION OF AN EFFECTIVE RISK MANAGEMENT SYSTEM AT THE ENTERPRISE." Financial and credit activity: problems of theory and practice 1, no. 36 (2021): 320–29. http://dx.doi.org/10.18371/fcaptp.v1i36.227924.

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The purpose of the article is developing a risk management system in the aviation industry. After analyzing the works of many scientists, such concepts as «risk», «risk management» were considered and their importance in business was highlighted. This article provides a coefficient analysis of the financial condition of one of the largest airlines in Ukraine PJSC «International Airlines of Ukraine». The authors pay special attention to external and internal factors, which are the main result of losses from the decline in air traffic, to regional factors that shape the demand for air traf

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Chaves, Filipe. "Airline safety management system issues: a practitioner’s perspective." Aircraft Engineering and Aerospace Technology 92, no. 2 (2019): 117–27. http://dx.doi.org/10.1108/aeat-11-2018-0280.

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Purpose This study aims to introduce the reader to some problems faced by safety practitioners operating within an airline safety department, particularly risk assessment subjectivity, and processing of flight data monitoring events. In doing so, it attempts to propose solutions to these issues. Design/methodology/approach Quality management tools, including six sigma, in combination with flight data monitoring, are proposed as a solution to the issues identified. Findings The proposed solutions reduce the subjectivity of some risk assessments and help airlines to efficiently process flight da

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Kiracı, Kasım. "Determinants of Financial Risk: An Empirical Application on Low-Cost Carriers." Scientific Annals of Economics and Business 66, no. 3 (2019): 335–49. http://dx.doi.org/10.47743/saeb-2019-0025.

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The airline industry has entered a rapid development and transformation process, especially after the Second World War. In this process, it is seen that the market structure changed and many private airlines were established. Due to increased competition, airlines have begun to follow various strategies and business models in order to gain a competitive advantage over each other. One of the business models successfully applied recently is the low-cost business model. Therefore, this study focuses on airline companies that applied the low-cost business model. The study aims to reveal the factor

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Veliyath, Rajaram. "Business Risk And Performance: An Examination Of Industry Effects." Journal of Applied Business Research (JABR) 12, no. 3 (2011): 38. http://dx.doi.org/10.19030/jabr.v12i3.5798.

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<span>Both business risk and industry sales volatility decreased across the computing equipment manufacturing, airline and pharmaceutical industries. Earnings performance and industry environmental munificence were both the highest among airlines. High volatility, while posing greater business risks, also offered the opportunity for improved risk-performance payoffs in the computer industry. Individual firms in the computer and pharmaceutical industries successfully reduced business risk while simultaneously increasing earnings performance (i.e., negative within-firm correlations), indic

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Alnuaimi, Qussay A. B., Xinping Xia, and Firas Aziz M. Jawad. "Aviation Risk Management to Comparative Performance in Air China with American Airlines." International Business Research 9, no. 2 (2016): 114. http://dx.doi.org/10.5539/ibr.v9n2p114.

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<p>This paper presents a model comparison between the Air China and American Airline. The aim of this study is to research on strong and weak points of these companies on the grounds. Both the countries are from in the continent of Asia and North America and the world. It also concentrates on the domestic and international aviation sector to comparative both Air China and American Airline with political and economic volatility. The sample of SWOT is used to test indexes and to measure volume of strengths and weakness to both the firms. The model represents one of the tools of Aviation Ri

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Korkeamäki, Timo, Eva Liljeblom, and Markus Pfister. "Airline fuel hedging and management ownership." Journal of Risk Finance 17, no. 5 (2016): 492–509. http://dx.doi.org/10.1108/jrf-06-2016-0077.

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Purpose The purpose of this paper is to study the value effects of hedging in the airline industry during a period of high volatility and high fuel costs. The authors also study the determinants of hedging in the airline industry, most importantly whether managerial ownership affects airlines’ tendency to hedge their fuel price risk. Design/methodology/approach This study’s research design follows closely previous studies in the area. This allows comparison of the results of this study to those reported earlier, and thus the authors can draw conclusions about the effects of the different marke

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Lancaster, John. "The financial risk of airline revenue management." Journal of Revenue and Pricing Management 2, no. 2 (2003): 158–65. http://dx.doi.org/10.1057/palgrave.rpm.5170061.

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Fan, Ting, Bo Pu, Samart Powpaka, and Liaogang Hao. "The Impact of Disaster of a National Airline on the Nation’s Tourism: An Empirical Investigation." Sustainability 11, no. 5 (2019): 1233. http://dx.doi.org/10.3390/su11051233.

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This study contributes to the area of tourism research by investigating the process by which the air disaster of a national airline affects tourists’ attitude and intention to fly the airline as well as attitude and intention to visit the country. A survey with potential Chinese tourists on visiting Malaysia and flying Malaysia Airlines was conducted. Results show that intention to visit Malaysia is positively affected by attitude toward visiting Malaysia and intention to fly Malaysia Airlines. Attitude toward visiting Malaysia is positively affected by attitude toward flying Malaysia Airlines

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Shahrabani, Shosh, and Sharon Teitler Regev. "Willingness to pay for airline security." International Journal of Culture, Tourism and Hospitality Research 13, no. 2 (2019): 153–66. http://dx.doi.org/10.1108/ijcthr-06-2018-0080.

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Purpose Due to recent international media reports of terrorist attacks in airports, people are more aware of the risk terrorism poses to flying and the need for security measures in the airline industry. This study aims to examine factors affecting willingness to pay (WTP) for airline security and safety flights after terror attacks incident. Design/methodology/approach A polling company distributed an internet survey among 415 Israelis in July 2014, after thousands of missiles had been fired into Israel from the Gaza Strip, threatening the population and disrupting aviation traffic to and fro

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Mhlanga, Oswald. "Drivers of efficiency and their influence on airline performances in South Africa: a bootstrapped meta-frontier approach." International Journal of Culture, Tourism and Hospitality Research 14, no. 1 (2019): 121–35. http://dx.doi.org/10.1108/ijcthr-06-2019-0109.

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Purpose This paper aims to identify drivers of efficiency and their influence on airline performances in South Africa. Unfortunately, the methods currently used to measure airline efficiency fail to address the heterogeneity problem, which blurs inefficiency. Design/methodology/approach To remedy the heterogeneity problem, this paper adopts the meta-frontier framework to identify drivers of efficiency. The interesting feature of the model is that it ensures that heterogeneous airlines are compared based on one homogeneous technology. The model is tested using a panel data sample of nine South

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Gislason, Sigurdur Hrafn, Ruta Bogdane, and Inese Vasiļevska-Nesbita. "Fatigue Monitoring Tool for Airline Operators (FMT)." Transport and Aerospace Engineering 5, no. 1 (2017): 67–74. http://dx.doi.org/10.1515/tae-2017-0020.

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Abstract A Fatigue Monitoring Tool (FMT) model was constructed for an operational airline in order to manage the fatigue levels of their crews in accordance with Fatigue Risk Management System (FRMS) practices. This article describes the implementation of the Fatigue Monitoring Tool model and the airline’s aims to put the recent scientific findings on aviation fatigue into practical use. The model consists of proxy points allotted to various duties and rest periods.

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Qiu, Shidai, Dengkai Yao, Zekun Wang, and Guhao Zhao. "Research on airline operational risk management and control method." IOP Conference Series: Materials Science and Engineering 715 (January 3, 2020): 012053. http://dx.doi.org/10.1088/1757-899x/715/1/012053.

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Terciyanlı, Erman, and Zeynep Müge Avṣar. "Alternative risk-averse approaches for airline network revenue management." Transportation Research Part E: Logistics and Transportation Review 125 (May 2019): 27–46. http://dx.doi.org/10.1016/j.tre.2019.02.002.

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Ashford, Norman J., Ngoe N. Ndoh, and Andrew S. Brooke. "Airport Ramp Risk Analysis and Management System." Transportation Research Record: Journal of the Transportation Research Board 1562, no. 1 (1996): 8–18. http://dx.doi.org/10.1177/0361198196156200102.

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The aviation industry is experiencing intense interest in the safety of handling operations at airports. This is because of the level of risk exposure identified in this area, the exposure of expensive aircraft to such high levels of risk, and the increasingly high cost of ramp accidents. The costs to the industry are becoming unacceptable; a global estimate has been made by Boeing of $2 billion per year to airlines. To minimize these costs and control the level of ramp accidents, an overall ramp safety management system approach is required that involves risk analysis and risk management. Ris

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Cahill, Joan, Paul Cullen, Sohaib Anwer, Keith Gaynor, and Simon Wilson. "The Requirements for New Tools for Use by Pilots and the Aviation Industry to Manage Risks Pertaining to Work-Related Stress (WRS) and Wellbeing, and the Ensuing Impact on Performance and Safety." Technologies 8, no. 3 (2020): 40. http://dx.doi.org/10.3390/technologies8030040.

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Work is part of our wellbeing and a key driver of a person’s health. Pilots need to be fit for duty and aware of risks that compromise their health/wellbeing. Recent studies suggest that work-related stress (WRS) impacts on pilot health and wellbeing, performance, and flight safety. This paper reports on the advancement of new tools for pilots and airlines to support the management of WRS and wellbeing. This follows from five phases of stakeholder evaluation research and analysis. Existing pre-flight checklists should be extended to enable the crew to evaluate their health and wellbeing. New c

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Bazargan, Massoud. "Airline maintenance strategies – in-house vs. outsourced – an optimization approach." Journal of Quality in Maintenance Engineering 22, no. 2 (2016): 114–29. http://dx.doi.org/10.1108/jqme-08-2015-0038.

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Purpose – The purpose of this paper is to offer a new mathematical modeling approach to help airlines identify which types of heavy aircraft maintenance checks be performed in-house or outsourced. Design/methodology/approach – This study offers a mathematical model to minimize the total cost of heavy maintenance programs over a planning period subject to performing all maintenance programs on time and other side constraints. Findings – The results are very encouraging and somewhat counter-intuitive. The solutions recommend that more expensive and labor intensive checks be outsourced. A detaile

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Terescenko, Jevgenijs, Аleksandrs Bitins, Vladimir Shestakov, Rafal Chatys, and Juris Maklakov. "ALGORITHM FOR ANALYZING DEVIATIONS AND IRREGULARITIES IN THE FUNCTIONING OF THE AIRLINE'S STRUCTURAL UNITS AND PERSONNEL IN THE FACE OF UNCERTAINTY." Aviation 24, no. 2 (2020): 51–56. http://dx.doi.org/10.3846/aviation.2020.12375.

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At the heart of airline flight safety management is a systematic approach to identifying hazards and controlling risk factors, which ICAO requires to collect, analyze all deviations in the activities of units, services and personnel airlines and use of its results to develop and implement management activities. That kind of the system enables the organization to predict and fix problems before they lead to an aviation accident. Thus, the organizational management structure should ensure high efficiency, reliability and completeness of the control over all components that ensure the process of

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Tokgöz, Asim, Serol Bulkan, Selim Zaim, Dursun Delen, and N. Gökhan Torlak. "Modeling airline MRO operations using a systems dynamics approach." Journal of Quality in Maintenance Engineering 24, no. 3 (2018): 280–310. http://dx.doi.org/10.1108/jqme-05-2017-0037.

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Purpose The life span of an aircraft is usually around 30 years in the commercial aviation industry. During this time span, aircraft needs maintenance to stay in service. The cost of maintenance, repair and overhaul (MRO) activities in its pure nature is a significant portion of operations, accounting around 10 percent of all cost drivers. The purpose of this paper is to design/develop and critically assess a comprehensive model of operations at Turkish Technic – the MRO department of Turkish Airlines. Design/methodology/approach A comprehensive systems dynamics model is designed and developed

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Petitt, Karlene. "SMS, Safety Culture, and the Four Pillars of Safety Applied to Airline Pilot Training." International Journal of Aviation Systems, Operations and Training 4, no. 2 (2017): 45–61. http://dx.doi.org/10.4018/ijasot.2017070104.

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The history of airline safety includes both FAA economic and safety measures that have grown over the years. This article provides a timeline of airline safety trends from crew resource management to safety management systems. Industry challenges are identified to include operational constraints, training challenges, economic concerns, and human factors to indicate a necessary paradigm shift from reactionary strategies toward proactive measures required by a safety culture—reporting culture, just culture, flexible culture, and learning culture. A safety culture is the foundation for safety man

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Davidson, Wallace N., P. R. Chandy, and Mark Cross. "Large Losses, Risk Management and Stock Returns in the Airline Industry." Journal of Risk and Insurance 54, no. 1 (1987): 162. http://dx.doi.org/10.2307/252888.

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Lee, Seungyoung, and Jin Ki Kim. "Factors contributing to the risk of airline pilot fatigue." Journal of Air Transport Management 67 (March 2018): 197–207. http://dx.doi.org/10.1016/j.jairtraman.2017.12.009.

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Cunningham, Lawrence F., James H. Gerlach, Michael D. Harper, and Clifford E. Young. "Perceived risk and the consumer buying process: internet airline reservations." International Journal of Service Industry Management 16, no. 4 (2005): 357–72. http://dx.doi.org/10.1108/09564230510614004.

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23

Han, Ji-Myung, and Ji-Eun Han. "A Case Study on Risk Management with Derivatives and Risk Disclosure in the Airline Industry." Academic Society of Global Business Administration 15, no. 3 (2018): 205–23. http://dx.doi.org/10.38115/asgba.2018.15.3.205.

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Stewart, Simon, Floor Koornneef, and Roland Akselsson. "Establishment of the Global International Fatigue Risk Management Forum." Aviation Psychology and Applied Human Factors 1, no. 2 (2011): 103–9. http://dx.doi.org/10.1027/2192-0923/a000017.

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For many years, fatigue-related risk has been recognized as a significant issue for aircraft operators. The International Civil Aviation Organization (ICAO) states that a basic building block underlying the process of managing safety is “sharing safety lessons learned and best practices through the active exchange of safety information.” An example of this organized active exchange is the global Fatigue Risk Management System (FRMS) Forum which was launched in 2009 and includes 65 organizations (2011) (regulators, airline operators, and academic institutions). The Forum is apolitical and facil

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Bitinš, Aleksandrs, Juris Maklakovs, Ruta Bogdane, Rafał Chatys, and Vladimir Shestakov. "Using Adverse Event Pyramids to Assess Probabilities in Airline Safety Management." Transactions on Aerospace Research 2021, no. 2 (2021): 71–83. http://dx.doi.org/10.2478/tar-2021-0012.

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Abstract This article reviews the methods of safety management using Heinrich’s and Bird’s pyramids. The presence of a causal relationship between pyramid levels, as a result of inconsistencies in the activities of an organization and personnel, lead to incidents, and incidents in turn lead to accidents. The existence of such a relationship makes it possible to predict the risk of “top-level” events by reducing risks at the middle and lower levels. A mathematical description of the development process of an undesired aviation event is presented, which makes it possible to evaluate the probabil

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Sharov, V. D., B. P. Eliseev, and V. V. Vorobyov. "ANALYSIS OF DEFICIENCIES IN THE PROCEDURES FOR THE RISK MANAGEMENT OF SAFETY IN THE ICAO DOCUMENTS." Civil Aviation High TECHNOLOGIES 22, no. 2 (2019): 49–61. http://dx.doi.org/10.26467/2079-0619-2019-22-2-49-61.

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The article is devoted to the analysis of inaccuracies in the terminology and in the description of safety management procedures associated with both shortcomings in the documents of the International Civil Aviation Organization (ICAO) and incorrect, and sometimes simply erroneous translation of certain provisions of the documents from English into Russian. As well known, all ICAO documents are originally written in English and correct translation is extremely important for their adequate understanding and application in practice. This is especially important for Russian airlines, as methodolo

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Evripidou, Loukia. "M&As in the airline industry: motives and systematic risk." International Journal of Organizational Analysis 20, no. 4 (2012): 435–46. http://dx.doi.org/10.1108/19348831211268625.

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PurposeThe purpose of the current study was first to identify the motives for mergers, and second to examine the effect of mergers on the systematic risk of bidder firms in the airline industry.Design/methodology/approachTo evaluate the effect of mergers in the systematic risk, two different market models are estimated for each company in the sample, one with pre‐merger data and one with post‐merger data. Then the results obtained from the two data sets are compared so as to identify possible differences.FindingsThe study has identified three diving motives behind the merges, namely cost effic

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Yazgan, Ebru, and Ayşe Kucuk Yilmaz. "Prioritisation of factors contributing to human error for airworthiness management strategy with ANP." Aircraft Engineering and Aerospace Technology 91, no. 1 (2018): 78–93. http://dx.doi.org/10.1108/aeat-11-2017-0245.

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Purpose Airline business management is set on airworthy strategy. Airline sustainability depends upon corporate-based airworthy strategy as airworthiness is the base to any airline business management and strategy. An airline can ensize its corporate sustainability if it has airworthiness strategy and risk management. The main condition to survive in the airline business is to maintain airworthiness with the fleet, maintenance and corporate-risk management. Aircraft maintenance technician (AMT) has a dual role in aircraft maintenance system as the source of failure in maintenance process via h

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Huang, Kuancheng, and Ko-Chen Chang. "A model for airline seat control considering revenue uncertainty and risk." Journal of Revenue and Pricing Management 10, no. 2 (2009): 161–71. http://dx.doi.org/10.1057/rpm.2009.19.

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Sun, Xuting, Sai‐Ho Chung, and Hoi‐Lam Ma. "Operational Risk in Airline Crew Scheduling: Do Features of Flight Delays Matter?*." Decision Sciences 51, no. 6 (2020): 1455–89. http://dx.doi.org/10.1111/deci.12426.

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P.C. Fan, Terence. "“Way Smarter”: Valuair in the budget airline industry." Emerald Emerging Markets Case Studies 3, no. 4 (2013): 1–24. http://dx.doi.org/10.1108/eemc-07-2013-0145.

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Title – “Way smarter”: Valuair in the budget airline industry. Subject area – Strategic management and marketing. Study level/applicability – Executive education; postgraduate; undergraduate. Case overview – By 2004, the low-cost carrier model had just recently been introduced to Southeast Asia. Airlines under this model quickly began taking market share. Singapore ' s first budget carrier, Valuair, finds itself in fierce competition between two rapidly emerging competitors in the second half of 2004. Valuair needs to expand in order to remain competitive. However, for this to happen the compa

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Hart, J. "MANAGING HELICOPTER RISK." APPEA Journal 45, no. 1 (2005): 657. http://dx.doi.org/10.1071/aj04049.

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Annually, a million hours are flown by helicopters for the international petroleum industry. About 90% of this flying is offshore, and involves around 10 million passengers. Each year some 25–35 accidents are recorded, an average of 22 passengers and crew lose their lives, and a higher number are injured. Some 45% of these accidents stem from technical causes, a similar number are pilot related, and the remainder are linked to other causes. Helicopter accident rates are 10 times higher than those of airline travel.Strategies to tackle both technical failures and pilot related accidents have em

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Tolstykh, S. A., and V. D. Sharov. "METHOD OF SMS BASIC ELEMENTS DEVELOPMENT FOR THE AERODROME OPERATOR." Civil Aviation High TECHNOLOGIES 21, no. 4 (2018): 29–38. http://dx.doi.org/10.26467/2079-0619-2018-21-4-29-38.

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In developing and implementing the safety management System (SMS), which is mandatory in accordance with ICAO SARPs and the requirements of the air legislation of the Russian Federation, civil aviation aerodrome operators face methodological problems mainly in two components of the SMS – risk management and calculation of the safety performance indicators. To solve these problems, the article proposes to use a new approach for risk management in the airlines, developed by the Airline Risk Management Solution Group (ARMS). When adapting the method to the activities of the airport operator, the

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Rezaei, Masoud, and Naimeh Borjalilu. "A DYNAMIC RISK ASSESSMENT MODELING BASED ON FUZZY ANP FOR SAFETY MANAGEMENT SYSTEMS." Aviation 22, no. 4 (2018): 143–55. http://dx.doi.org/10.3846/aviation.2018.6983.

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Risk assessment in large organizations with extensive operational domains has been a challenging issue. Employing an efficient method along with realistic pair comparisons, applying subjective inferences of organization experts, and purging the intrinsic ambiguity of inferences, are not reflected in current airlines' safety management. Traditional two-dimensional risk assessment for risk management of safety hazards, however, is no longer sufficient to comply with this complexity. A new model for risk management and a novel formula for risk index calculation, based on a fuzzy approach, are pre

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Sharov, Valeriy, Pavel Polyakov, and Sergei Tolstykh. "Practical applications of fuzzy set theory in flight safety management." MATEC Web of Conferences 341 (2021): 00072. http://dx.doi.org/10.1051/matecconf/202134100072.

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Risk management is a core of Safety Management System (SMS) of airline. It works in high level of uncertainty and is dealing with variety of information which is fuzzy in nature. So the fuzzy set theory (FST) is natural instrument that should be applied for solving problems that SMS faced with. The article provides a brief overview of examples of the use of FST elements in safety risk management, presents the results of processing expert surveys using fuzzy methods, and describes the developed practical method for assessing the index of probability of an aviation event based on the fuzzy infer

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Passenier, David Falco, Frank G. A. de Bakker, Peter Groenewegen, Jeroen Wolbers, and Eveline Catz. "Up in the Air: The Construction and Management of Risk by Commercial Airline Pilots." Academy of Management Proceedings 2016, no. 1 (2016): 17488. http://dx.doi.org/10.5465/ambpp.2016.17488abstract.

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Bergey, Paul K., and Sangkil Moon. "Conditional efficiency, operational risk and electronic ticket pricing strategies for the airline industry." International Journal of Electronic Marketing and Retailing 2, no. 3 (2009): 239. http://dx.doi.org/10.1504/ijemr.2009.021808.

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Pisaniak, Paulina, Dawid Kurzyna, Patryk Stokłosa, Patrycja Pisaniak, and Dorota Ozga. "MEDICAL GUIDELINES FOR AIRLINE TRAVEL: MANAGEMENT OF IN-FLIGHT CIRCULATORY ARREST." Emergency Medical Service 8, no. 1 (2021): 39–44. http://dx.doi.org/10.36740/emems202101102.

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In recent times, air transport has become more common, and so the number of passengers using it has increased. As travellers increased, so did the risk of any adverse event related to the health or life of those on board. The staff of the aircraft should be properly trained to be able to help the victim and at the same time be able to stay calm on board the plane. It is also not uncommon for a person with medical education to be present on board the plane – it is importantthat healthcare professionals know their rights and obligations arising from the situation. The paper presents the procedur

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Kim, Lisa Hyunjung, Dong Jin Kim, and Jerrold K. Leong. "The Effect of Perceived Risk on Purchase Intention in Purchasing Airline Tickets Online." Journal of Hospitality & Leisure Marketing 13, no. 2 (2005): 33–53. http://dx.doi.org/10.1300/j150v13n02_04.

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Whittaker, Lisa. "AVIATION SAFETY MANAGEMENT SYSTEMS: A COMPARATIVE ANALYSIS BETWEEN SAFETY MANAGEMENT SYSTEMS (SMS) AND MAINTENANCE STEERING GROUP VERSION 3 (MSG-3)." Journal of Air Transport Studies 9, no. 1 (2018): 29–42. http://dx.doi.org/10.38008/jats.v9i1.28.

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Improving safety was the goal when Maintenance Steering Group (MSG) was first introduced for the Boeing 747 in 1968. The goal was to develop a system of evaluation for scheduled maintenance by using decision logic. This was MSG-1. As theory evolved, MSG-2 brought process orientation and failure modes analysis. Then in 1978, United Airlines, commissioned by the Department of Defense, developed a methodology based on tested and proven airline practices. With that MSG-3 was born. MSG-3 is the current standard for risk management in aviation (McLoughlin, 2006). In 2006, ICAO released a new initiat

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Gislason, Sigurdur Hrafn. "The Effects of ACMI Flight Crew’s Long Term Outstation Hotel Stay on Accumulated Fatigue." Transport and Aerospace Engineering 2, no. 1 (2015): 36–41. http://dx.doi.org/10.1515/tae-2015-0005.

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Abstract ACMI flight crews spend considerable time away from home on outstations. This manuscript suggests that long term stay carries its own considerations in regards to rest recovery with practical implications for Fatigue Risk Management. Four recovery factors are identified and are to be correlated with 28 crew behaviors. The end result might indicate improvement considerations for airline management organizing a long term contract with ACMI crews.

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Loudon, Geoffrey F. "Financial Risk Exposures in the Airline Industry: Evidence from Australia and New Zealand." Australian Journal of Management 29, no. 2 (2004): 295–316. http://dx.doi.org/10.1177/031289620402900208.

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Fu, Yan-Kai, Weilun Huang, and Chin-Nung Liao. "The selection model for horizontal alliances between hotels and airlines: an integrated application of NGT, fuzzy TOPSIS and MCGP methods." Tourism Review 75, no. 4 (2020): 681–98. http://dx.doi.org/10.1108/tr-06-2019-0214.

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Purpose The purpose of this paper is to evaluate the hotel selection problem of airlines for their hotel and airline alliance (HAA) to develop potential customers of airlines. This paper will propose a hybrid mathematics evaluation model to help airline to select an optimal hotel with both qualitative and quantitative criteria. Design/methodology/approach To solve the hotel selection problem of airlines for their HAA, this paper focuses on the implementation of the NGT, Fuzzy TOPSIS and MCGP models in the hotel selection process. Initially, the NGT was used to create HAA decision-making criter

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Chandran, Suresh, and Murugan Anandarajan. "Decision Support System for Selecting Sustainable Alternatives to Conventional Jet Fuel: Impact of Emissions, Production Costs and Carbon Pricing." Journal of Management and Sustainability 10, no. 1 (2020): 83. http://dx.doi.org/10.5539/jms.v10n1p83.

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The United States Environmental Protection Agency (EPA) in June 2015, took a step toward regulating carbon emissions from airlines, following an assessment that airlines contribute to climate change. On July 25, 2016, the final endangerment finding (Note 1) under section 231(a) (2) (A) of the Clean Air Act for aviation emissions was issued by the EPA. The European Union had issued a similar finding previously and had proposed implementing an emission trading scheme in which the airlines would be required to participate in a cap and trade scheme for emissions from jet fuel. Traditional jet fuel

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Zhukov, V. E. "Demand Analysis Models for Passenger Air Transportation." World of Transport and Transportation 18, no. 1 (2020): 134–44. http://dx.doi.org/10.30932/1992-3252-2020-18-134-144.

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Analysis of demand for air transportation is a key business process around which each airline develops strategic and operational plans. Based on the demand forecast, strategic plans for development of the airline’s route network are developed, as well as budgeting, financial planning, sales and marketing plans, aircraft fleet planning, risk assessment and plans to overcome their consequences. Demand analysis also facilitates important management activities, such as decision-making, performance evaluation, and reasonable allocation of resources in specific and uncertain conditions for developme

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Lin, Yi Hsin, and Yu Hern Chang. "Significant Factors of Aviation Insurance and Risk Management Strategy: An Empirical Study of Taiwanese Airline Carriers." Risk Analysis 28, no. 2 (2008): 453–61. http://dx.doi.org/10.1111/j.1539-6924.2008.01036.x.

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Rza-Zadeh, Nuray Rauf, and Marek Dvořák. "Institutional Aspects of Risk Strategic Management in Azerbaijan Hospitality Sector." Journal of Institutional Studies 12, no. 4 (2020): 126–37. http://dx.doi.org/10.17835/2076-6297.2020.12.4.126-137.

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Nowadays, in the 21st century that is distinguished by the high penetration of information and communication technologies, interconnectedness and globalization, the effectiveness of institutions is increasingly manifesting the pressing need to clearly define and assess the prospects and directions of business development, taking into account the likelihood and the occurrence of the objective and subjective risks. This is happening mostly due to the growing volatility of the macroeconomic environment, increased competition, and the rapid globalization of various business processes and solutions

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Quental, Nuno, João Rocha, Jorge Silva, Lídia Menezes, and Jorge Santos. "The impact of cognitive fatigue on airline pilots performance." Journal of Airline and Airport Management 11, no. 1 (2021): 16. http://dx.doi.org/10.3926/jairm.183.

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Purpose: Air transport is a highly regulated branch of aviation, but it continues to show occurrences where human error is present. Fatigue is now recognized as a hazard which degrades human performance and can put flight safety at risk. In this regard, the general objective of this study is to assess the impact of cognitive fatigue on airline pilots and how it can contribute to the occurrence of accidents and incidents.Methodology: Three airline pilots participated in the case study. The participants’ cognitive fatigue was monitored according to four methods, being two of them of a subjective

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Rubiño Ruiz, J. I., and C. Sanchís Pedregosa. "Coverage strategies with derivative financial products: Vueling case." Finance, Markets and Valuation 5, no. 1 (2019): 1–17. http://dx.doi.org/10.46503/nzvy8849.

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The present work tries to solve the commodities risk. We will see how, from a hedging perspective, derivative financial products can be used to avoid and transfer risk. In particular, we will delve into the financial options and we will take the theory into practice with real data through the case of the Vueling company. We will discover that the survival of the airline depends to a large extent on the correct management of said risk, since its degree of exposure is very high. To solve this situation, we will propose various strategies and analyze their results.

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Fan, Terence P. C. "“Way Smarter”: Valuair in the budget airline industry." Emerald Emerging Markets Case Studies 3, no. 4 (2013): 1–24. http://dx.doi.org/10.1108/eemcs-07-2013-0145.

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Subject area Strategic management and marketing. Study level/applicability Executive education; postgraduate; undergraduate. Case overview By 2004, the low-cost carrier model had just recently been introduced to Southeast Asia. Airlines under this model quickly began taking market share. Singapore's first budget carrier, Valuair, finds itself in fierce competition between two rapidly emerging competitors in the second half of 2004. Valuair needs to expand in order to remain competitive. However, for this to happen the company needs additional access to capital. The CEO, Sim Kay Wee, has begun

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