Research on the Relationship Between Oil Dependence and Profitability in the Airspace of Europe

Olcay Ölã‡en and Serdar Alnipak

Fiscaoeconomia, 2025, issue 2

Abstract: Air Navigation profitability is one of the key issues in civil aviation. To ensure good profitability ratios in civil aviation, the countries should focus on efficient and effective air space utilization. The European continent is known for the rareness of oil resources. This research investigates if there is a relationship between oil importing and air space utilization in European air space. While it realizes GSYIH, labour force, passenger and cargo numbers are utilized. It will close an important scientific gap regarding the features of the most profitable navigation services considering countries. According to MABAC scores, generally, as the profitability scores increase, the importing of oil and oil-related products increases. This situation is an expected result in the European Aviation System and air geography, but it is also so important finding as other variables are taken into account such as Gross Domestic Product, Labor force, and Air passenger numbers between the years 2017-2020. Countries such as Turkey, Georgia, Armenia, Estonia, Albania, Latvia and Spain are the most oil and oil-related importing countries, besides their strategic locations regarding geography and air traffic management.

Keywords: Air Navigation; Profitability; MABAC; Oil Dependence (search for similar items in EconPapers)
JEL-codes: G30 M10 (search for similar items in EconPapers)
Date: 2025
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://dergipark.org.tr/en/download/article-file/4086249

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:fis:journl:250204

DOI: 10.25295/fsecon.1519830

Access Statistics for this article

More articles in Fiscaoeconomia from Tubitak Ulakbim JournalPark (Dergipark)
Bibliographic data for series maintained by Emre Atsan ().