Demand for cargo airships: An analysis of mode choice decision making in the freight transport industry

Craig Neal and Tay T.R. Koo

Journal of Air Transport Management, 2020, vol. 83, issue C

Abstract: Despite their potential, cargo airships currently remain a theoretical concept. This research aims to examine the factors determining the demand for their services from the perspective of transport logistics professionals. An online freight mode choice experiment is conducted, supplemented with follow-up semi-structured interviews. Across freight types the sensitivity of the modes (road, rail, sea and airship) to the attributes (price, time, reliability and frequency) varied substantially. Willingness to pay for the cargo airship mode for travel time saved is estimated to be $23/tonne/hour. It is conservatively estimated that the potential market share of cargo airships in the Australian domestic freight market varies across airship models with LMH-1 having the lowest market share of 8% while ARH50 has the largest potential market share at 25%.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:83:y:2020:i:c:s0969699719302443

DOI: 10.1016/j.jairtraman.2019.101741

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