Using multi-criteria performance measurement models to evaluate the financial, operational and environmental sustainability of airlines

dc.authorid0000-0001-9863-3620en_US
dc.authorid0000-0001-9939-7199en_US
dc.authorid0000-0003-2454-1824en_US
dc.authorid0000-0002-8969-7822en_US
dc.contributor.authorTanrıverdi, Gökhan
dc.contributor.authorMerkert, Rico
dc.contributor.authorKaramaşa, Çağlar
dc.contributor.authorAsker, Veysi
dc.date.accessioned2023-08-14T11:53:43Z
dc.date.available2023-08-14T11:53:43Z
dc.date.issued2023en_US
dc.departmentDicle Üniversitesi, Sivil Havacılık Yüksek Okulu, Havacılık Yönetimi Bölümüen_US
dc.description.abstractAirline sustainability, defined as both decarbonization and long-term financial survival, has become critical especially since the onset of the COVID-19 pandemic. Our paper investigates the multi-dimensional effects of the COVID-19 crisis on airlines’ sustainability performance using data from 56 airlines for the period before, during and early after the pandemic (2017–2021). We develop and use a novel multi-criteria MEREC–CoCoSo/Borda performance measurement model tailored to the airline industry. Our results suggest that while operational results have dominated sustainability weights throughout the period, the financial pillar has gained considerably in importance while the decarbonization criterion decreased in weight in 2020. However, from 2021, decarbonization started to become more important again in the “new normal” and sector recovery. In terms of overall and sustained sustainability, low-cost carriers and small full-service carriers with predominantly domestic networks are ranked as best performers. Renewing fleet, attaching decarbonization conditions to government aid and reviewing airport slot policies are important to prepare the aviation industry for the next pandemic or disruption.en_US
dc.identifier.citationTanrıverdi, G., Merkert, R., Karamaşa, Ç. ve Asker, V. (2023). Using multi-criteria performance measurement models to evaluate the financial, operational and environmental sustainability of airlines. Journal of Air Transport Management, (112), 1-12.en_US
dc.identifier.doi10.1016/j.jairtraman.2023.102456
dc.identifier.endpage12en_US
dc.identifier.issn0969-6997
dc.identifier.issue112en_US
dc.identifier.scopus2-s2.0-85164360136
dc.identifier.scopusqualityQ1
dc.identifier.startpage1en_US
dc.identifier.urihttps://www.scopus.com/record/display.uri?eid=2-s2.0-85164360136
dc.identifier.urihttps://hdl.handle.net/11468/12474
dc.identifier.wosWOS:001041805700001
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.institutionauthorAsker, Veysi
dc.language.isoenen_US
dc.publisherElsevier Ltd.en_US
dc.relation.ispartofJournal of Air Transport Management
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectEconomic and environmental airline sustainabilityen_US
dc.subjectCOVID-19 crisisen_US
dc.subjectMulti-criteria performance analysisen_US
dc.subjectDecarbonizationen_US
dc.subjectNext pandemicen_US
dc.titleUsing multi-criteria performance measurement models to evaluate the financial, operational and environmental sustainability of airlinesen_US
dc.titleUsing multi-criteria performance measurement models to evaluate the financial, operational and environmental sustainability of airlines
dc.typeArticleen_US

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