Algorithmic Optimization of the Calculation with the Consideration of the Interconnection of the Basic Economic Parameters of the Flight Route of the Model Air Carrier

Szabó, Stanislav; Blišťanová, Monika; Makó, Sebastián; Vajdová, Iveta; Pilát, Marek

doi:10.2478/mspe-2020-0006

Cited by 2 publications

(3 citation statements)

References 17 publications

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“…This indicator was measured by previous studies as the break-even load factor (e.g. Manuela et al , 2016; Škurla Babić et al , 2017; Szabo et al , 2020). Some studies have adopted other measures, such as the monetary value break-even point, or the number of passengers per kilometer (e.g.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Most studies compare the load factor of various airlines and the break-even load factor (e.g. Manuela et al , 2016; Škurla Babić et al , 2017; Szabo et al , 2020). Many studies that examine the effectiveness of airline performance in uncertainties, crises and pandemics have used the break-even point to analyze the performance of airlines (e.g.…”

Section: Literature Reviewmentioning

confidence: 99%

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Airline effective operations strategy during COVID-19 pandemic: across regional worldwide survey

Migdadi

2021

RIBS

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Purpose This study aims to identify the effective operational strategies for airlines in a pandemic that allow them to recover and bounce back smoothly. Design/methodology/approach This study adopted quantitative methodology based on secondary data published by the airlines related to operational and performance indicators. The total number of airlines surveyed was 145. The sample of study covers all the following regions: Africa, Asia, Europe, the Middle East, North America and South America. The data analysis of this research passed through several phases to compare the situation before and during pandemic period. Findings The effective operational strategy patterns during the outbreak of the COVID-19 pandemic comprise three hybrid strategies and one scheduling strategy. It appears from these strategy models that four strategic alternatives are available for international airlines to adopt, while two strategic alternatives are available for regional airlines. The strategy alternatives for regional and international airlines are all effective, but those of the international airlines are the more effective ones. Originality/value Previous studies rarely adopted the theory of operations strategy configuration (emphasizing taxonomies-based perspective) and the organizational resilience theory (emphasizing capability-based perspective) to identify the effective airlines operations strategy patterns in a pandemic, that allow airlines to recover and bounce back smoothly by analyzing the practices of airlines from different geographic regions worldwide.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Airline effective operations strategy during COVID-19 pandemic: across regional worldwide survey

Migdadi

2021

RIBS

View full text Add to dashboard Cite

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“…The load factor is one of the significant considerations for the economic analysis of the airline. Load factor and break-even point are the determining factors in the line profitability deterrence process and lead the company to optimize pricing policy based on those parameters [10]. Since the birth of flight in 1903, air travel has developed as a crucial means of transportation for people and products.…”

Section: Introductionmentioning

confidence: 99%

Coronavirus- aviation’s biggest challenge

Kešeľová

Šváb

Staricna

et al. 2020

2020 New Trends in Aviation Development (NTAD)

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An airline is an organization that provides air transport services for travelling passengers and cargo.There are over 5500 airlines in the world with ICAO codes. Not all airlines are formed and work equally. Airlines have a different market positions and operating methods. But from some point of view, we can see the same obstacles and difficulties which all must face. We may look at the economic challenges, demand and world crises as a great example. The principal purpose of the presented article is to discuss briefly the dilemmas of airlines, particularly recent coronavirus pandemic. In our analysis, we looked at some breaking points in the recent history of aviation. The current state was analyzed in the first phase. We performed an overall review, and the available data were summarized as forecasts before and after the health crisis. The main part of discussion was extended by displaying various changes in airlines' operation during the pandemic. Many airlines were forced to change their strategy, reduced their flight capacity, cut the frequency of flights and put their planes into hibernation mode. These differences have significant outcomes as bankruptcies, financial and employee losses etc. However, the coronavirus has started slowing the spread and most airlines are restarting their operations.

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Algorithmic Optimization of the Calculation with the Consideration of the Interconnection of the Basic Economic Parameters of the Flight Route of the Model Air Carrier

Cited by 2 publications

References 17 publications

Airline effective operations strategy during COVID-19 pandemic: across regional worldwide survey

Airline effective operations strategy during COVID-19 pandemic: across regional worldwide survey

Coronavirus- aviation’s biggest challenge

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