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Dergiler / Journal of Transportation and Logistics / 2025 / Volume: 10 Issue: 2

Financial Efficiency in Airlines During the COVID-19 Pandemic: A DEA Approach

Oya Öztürk(HASAN KALYONCU UNIVERSITY, FACULTY OF ECONOMICS, ADMINISTRATIVE AND SOCIAL SCIENCES, DEPARTMENT OF INTERNATIONAL TRADE AND LOGISTICS)0000-0002-3507-4865
Zehra Vildan Serin(Marmara University, Faculty of Financial Sciences)0000-0002-5514-7910
Sayfa
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Yayın Tarihi
2025-11-11
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⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

This research underscores the pivotal role of financial efficiency in the resilience and competitive standing of the airline sector, particularly during the formidable challenges posed by the COVID-19 pandemic.

📌 3 Maddede Bu Makale

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Amaç & Hipotez:The airline industry is a competitive sector in which most airline companies face challenges in retaining passengers and achieving sustainable profitability.
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Temel Bulgular & Veri:Under the strain of the COVID-19 pandemic, airlines have pivoted toward strategies that optimize their resource usage to develop competitive strategies centered on enhancing their efficiency.
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Sonuç & Katkı:This research underscores the pivotal role of financial efficiency in the resilience and competitive standing of the airline sector, particularly during the formidable challenges posed by the COVID-19 pandemic.
🔬Tür:Research Article
📍Kapsam:2017 Verileri
⚙️Değişkenler:Aviation · Efficiency · COVID-19

Abstract

The airline industry is a competitive sector in which most airline companies face challenges in retaining passengers and achieving sustainable profitability. To survive in this competitive environment, an airline must be able to offer and sell more air services while using fewer resources. Under the strain of the COVID-19 pandemic, airlines have pivoted toward strategies that optimize their resource usage to develop competitive strategies centered on enhancing their efficiency. Considering this, the present study seeks to evaluate and contrast the efficiency levels of 19 prominent airline carriers, all affiliated with the International Air Transport Association (IATA), during the period spanning 2017 to 2021. Employing the methodologies of Data Envelopment Analysis (DEA), the research endeavors to extract meaningful findings. The study’s outcomes underscore the efficiency of American Airlines, Indigo, and Spirit Airlines throughout the research timeframe. Conversely, Ryanair, LATAM, China Southern Airlines, Air China, British Airways, Emirates, and China Eastern Airlines exhibited relative inefficiency during the analyzed interval. This research underscores the pivotal role of financial efficiency in the resilience and competitive standing of the airline sector, particularly during the formidable challenges posed by the COVID-19 pandemic.

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Bu Makaleye Atıf Yap

Öztürk, O., Serin, Z. V. (2025). Financial Efficiency in Airlines During the COVID-19 Pandemic: A DEA Approach. Journal of Transportation and Logistics, Volume: 10 Issue: 2. https://doi.org/10.26650/JTL.2025.1548211

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