Investment Payback Period Calculating Model for Airport Bridge Facility

Jian Wan, Zheng-hong Xia and Xin-ping Zhu

Mathematical Problems in Engineering, 2020, vol. 2020, 1-7

Abstract:

Due to the uncertainty and difficulty of estimating the investment payback period of the airport bridge facility, a model for calculating the investment payback period of bridge facility is proposed in this paper from the perspective of airport routine operation. Based on the actual operational data of Kunming Changshui Airport, Wuhan Tianhe Airport, and Lijiang Sanyi Airport in 2018, the factors influencing the payback period of bridge facility are the number of bridge facilities and service time, which have been discussed in this paper. According to the simulation, it is concluded that the number of bridge facilities and service time are the key points to the length of the investment payback period, and the annual operating cost of the airline can be saved quite a lot. The research results can be used to assist the leaders’ decision-making of airports and airlines for the promotion of the service of bridge facilities.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:9746153

DOI: 10.1155/2020/9746153

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