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A simple revenue-cost perspective on US airport operations

Author

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  • G. Hamzaee, Reza
  • Vasigh, Bijan

Abstract

Airport pricing is influenced by not just economic factors but also by social and political objectives. Further, given rapid rise in air service consumption, and the extensive usage of airport services, an appropriate financing of airport operations is important. This article offers an optimization model in which major explanatory variables for revenue and costs in the corresponding transactions are taken into account. As an extension to previous work, the authors focus on some technical aspects of their model. A semi-cross-sectional analysis, based on data from the American Association of Airport Executives, the Airports Council International North America and the Congressional Budget Office, is examined using regression techniques.

Suggested Citation

  • G. Hamzaee, Reza & Vasigh, Bijan, 2000. "A simple revenue-cost perspective on US airport operations," Journal of Air Transport Management, Elsevier, vol. 6(1), pages 61-64.
  • Handle: RePEc:eee:jaitra:v:6:y:2000:i:1:p:61-64
    DOI: 10.1016/S0969-6997(99)00020-4
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    References listed on IDEAS

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    1. Vasigh, Bijan & Hamzaee, Reza G, 1998. "A comparative analysis of economic performance of US commercial airports," Journal of Air Transport Management, Elsevier, vol. 4(4), pages 209-216.
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    Cited by:

    1. Li, Sui-Ling, 2014. "The cost allocation approach of airport service activities," Journal of Air Transport Management, Elsevier, vol. 38(C), pages 48-53.
    2. Zuidberg, Joost, 2017. "Exploring the determinants for airport profitability: Traffic characteristics, low-cost carriers, seasonality and cost efficiency," Transportation Research Part A: Policy and Practice, Elsevier, vol. 101(C), pages 61-72.
    3. Chao, Ching-Cheng & Yu, Po-Cheng, 2013. "Quantitative evaluation model of air cargo competitiveness and comparative analysis of major Asia-Pacific airports," Transport Policy, Elsevier, vol. 30(C), pages 318-326.
    4. Richardson, Charles & Budd, Lucy & Pitfield, David, 2014. "The impact of airline lease agreements on the financial performance of US hub airports," Journal of Air Transport Management, Elsevier, vol. 40(C), pages 1-15.

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