Devising airport groupings for financial benchmarking

Hans-Arthur Vogel and Anne Graham

Journal of Air Transport Management, 2013, vol. 30, issue C, 32-38

Abstract: This paper uses cluster analysis to assess whether it might be a useful tool to select airport groups for comparative financial and economic performance studies. The research uses a sample of 73 airports, or airport operators, from all over the world. Nine key performance indicators (KPIs) are used to determine the clusters and the relationship between these clusters and possible explanatory variables is explored. Three clusters are produced which are similar for 2003 and 2010. One consists almost entirely of North American airports, one is dominated by European airports and one has a mixture of European and other (non-North American) airports. It is concluded that such an approach may indeed prove useful, not only just in the financial and economic areas, but with other aspects of airport performance that can be measured with a selection of KPIs.

Keywords: Airports; Financial performance; Benchmarking; Cluster analysis (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0969699713000355
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:30:y:2013:i:c:p:32-38

DOI: 10.1016/j.jairtraman.2013.04.003

Access Statistics for this article

Journal of Air Transport Management is currently edited by Anne Graham

More articles in Journal of Air Transport Management from Elsevier
Bibliographic data for series maintained by Catherine Liu ().