SavedAdd your journal

Journals / Journal of Aviation / 2023 / Cilt: 7 - Sayı: 1

A Profitability Analysis of Air Navigation Service Providers in European Zone: COVID-19 Crisis

Olcay ÖLÇEN
Serdar ALNIPAK
Pages
110–122
Publication Date
2023-03-17
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Besides it is seen that the most profitable companies are Turkish, Georgian and Estonian ANSP.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The civil aviation sector is important for the logistics system.
📊
Key Findings & Data:This study is about their profitability structure and assessment of performance.
💡
Conclusion & Impact:Besides it is seen that the most profitable companies are Turkish, Georgian and Estonian ANSP.
🔬Design:Research Article
📍Scope:2017 Verileri
⚙️Variables:Civil Aviation Industry Air Navigation Service Providers Airline industry Quantitative Techniques Logistics Management · Air Navigation Service Providers · Airline industry

Abstract

The civil aviation sector is important for the logistics system. Besides, Air Navigation Service Providers (ANSP) are one of the main parts of the total civil aviation system. This study is about their profitability structure and assessment of performance. Out of the general and classical ratios such as ROA and ROE, authors utilized 13 different profitability ratios to understand the general picture of ANSP in the context of profitability performance by using GRA and MABAC methods. Analysis were made for 34 airport service providers from different countries with annual data between 2017 and 2020. The findings show that COVID-19 crisis has got a deep impact on ANSP’s profitability structures in general and by firms. Besides it is seen that the most profitable companies are Turkish, Georgian and Estonian ANSP.

🔖

Cite This Article

ÖLÇEN, O., ALNIPAK, S. (2023). A Profitability Analysis of Air Navigation Service Providers in European Zone: COVID-19 Crisis. Journal of Aviation, Cilt: 7 - Sayı: 1, 110–122. https://ajindex.com/articles/883013

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (15)

  1. Adelopo, I., Lloydking, R., and Tauringana, V. (2018). Determinants of bank profitability before, during, and after the financial crisis. International Journal of Managerial Finance, 61, 1-14.
  2. Adiloglu, B., and Vuran, B. (2017). The importance of EBIT-EBITDA disclosure in annual reports: A comparison from Turkey. International Journal of Social Sciences and Education Research, 3(2), 397-405.
  3. Adler, N., Delhaye, E., Kivel, A., and Proost, S. (2020). Motivating air navigation service provider performance. Transportation Research Part A: Policy and Practice, 132, 1053-1069.
  4. Alarussi, A. S., and Alhaderi, S. M. (2018). Factors affecting profitability in Malaysia. Journal of Economic Studies, 45(3), 1-21.
  5. Alarussi, A. S., and Gao, X. (2021). Determinants of profitability in Chinese companies. International Journal of Emerging Markets. 17(2),120-141.
  6. Andres, C. (2008). Large shareholders and firm performance—An empirical examination of founding-family ownership. Journal of Corporate Finance, 14(4), 431-445.
  7. Arias, J. C. (2011). Banking profitability determinants. Business Intelligence Journal, 4(2), 209-230.
  8. Assaf, A. (2009). Accounting for size in efficiency comparisons of airports. Journal of Air Transport Management, 15(5), 256-258.
  9. Ayçin, E., and Çakın, E. (2019). Ülkelerin İnovasyon Performanslarının Ölçümünde Entropi ve MABAC Çok Kriterli Karar Verme Yöntemlerinin Bütünleşik Olarak Kullanılması. Akdeniz İİBF Dergisi, 19(2), 326-351.
  10. Bezerra, G. C., and Gomes, C. F. (2018). Performance measurement practices in airports: Multidimensionality and utilization patterns. Journal of Air Transport Management, 70, 113-125.
  11. Bilotkach, V., Gitto, S., Jovanović, R., Mueller, J., and Pels, E. (2015). Cost-efficiency benchmarking of European air navigation service providers. Transportation Research Part A: Policy and Practice, 77, 50-60.
  12. Blondiau, T., Delhaye, E., Proost, S., and Adler, N. (2016). ACCHANGE: Building economic models to analyse the performance of air navigation service providers. Journal of Air Transport Management, 56, 19-27.
  13. Bouwens, J., De Kok, T., and Verriest, A. (2019). The prevalence and validity of EBITDA as a performance measure. Comptabilite Controle Audit, 25(1), 55-105.
  14. Bozanic, D., Pamucar, D. and Karovic, S. (2016). Use of the fuzzy AHP-MABAC hybrid model in ranking potential locations for preparing laying-up positions. Military Technical Courier, 64(3), 705-729.
  15. Button, K., and McDougall, G. (2006). Institutional and structure changes in air