Environmental Efficiency Analysis Of Global Airlines

Airline productivity and efficiency have emerged as areas of tremendous interest among academics and industry analysts following the 1978 Airline Deregulation Act in the United States because being productive and efficient is essential for airlines to survive and thrive under continually increasing...

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Main Author: Yakath Ali, Nurul Syuhadah
Format: Thesis
Language:English
Published: 2021
Subjects:
Online Access:http://eprints.usm.my/53755/1/NURUL%20SYUHADAH%20BINTI%20YAKATH%20ALI%20-%20TESIS24.pdf
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author Yakath Ali, Nurul Syuhadah
author_facet Yakath Ali, Nurul Syuhadah
author_sort Yakath Ali, Nurul Syuhadah
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description Airline productivity and efficiency have emerged as areas of tremendous interest among academics and industry analysts following the 1978 Airline Deregulation Act in the United States because being productive and efficient is essential for airlines to survive and thrive under continually increasing competitive market pressures. As there is growing corporate social responsibility (CSR) in the airline industry, understanding and improving the environmental impact of airline operations are crucial. However, a limited number of studies have incorporated environmental factors into assessments of airline efficiency. This study intends to partially fill this gap in the existing literature. Therefore, this study's main objective is to evaluate the environmental efficiency of 54 global airlines in 2017. The study applies a double-bootstrap data envelopment analysis (DEA) and integrates the airline industry's undesirable output of carbon emissions. This study also aims to capture five explanatory variables (weight load factor, alliances, geographical region, number of departures, and the ratio of wide-bodied aircraft to total fleet) as determinants to explain the impacts on airline environmental efficiency in the industry. The results confirmed that the bias-corrected (BC) environmental efficiency (EE) scores were highly robust, as the scores were within the lower and upper boundaries. Moreover, British Airways and Lufthansa were the top two environmentally efficient airlines, while Alaska Airlines and Air Moldova were the bottom two
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spelling usm.eprints-537552022-07-31T18:52:40Z http://eprints.usm.my/53755/ Environmental Efficiency Analysis Of Global Airlines Yakath Ali, Nurul Syuhadah HG1-9999 Finance Airline productivity and efficiency have emerged as areas of tremendous interest among academics and industry analysts following the 1978 Airline Deregulation Act in the United States because being productive and efficient is essential for airlines to survive and thrive under continually increasing competitive market pressures. As there is growing corporate social responsibility (CSR) in the airline industry, understanding and improving the environmental impact of airline operations are crucial. However, a limited number of studies have incorporated environmental factors into assessments of airline efficiency. This study intends to partially fill this gap in the existing literature. Therefore, this study's main objective is to evaluate the environmental efficiency of 54 global airlines in 2017. The study applies a double-bootstrap data envelopment analysis (DEA) and integrates the airline industry's undesirable output of carbon emissions. This study also aims to capture five explanatory variables (weight load factor, alliances, geographical region, number of departures, and the ratio of wide-bodied aircraft to total fleet) as determinants to explain the impacts on airline environmental efficiency in the industry. The results confirmed that the bias-corrected (BC) environmental efficiency (EE) scores were highly robust, as the scores were within the lower and upper boundaries. Moreover, British Airways and Lufthansa were the top two environmentally efficient airlines, while Alaska Airlines and Air Moldova were the bottom two 2021-08 Thesis NonPeerReviewed application/pdf en http://eprints.usm.my/53755/1/NURUL%20SYUHADAH%20BINTI%20YAKATH%20ALI%20-%20TESIS24.pdf Yakath Ali, Nurul Syuhadah (2021) Environmental Efficiency Analysis Of Global Airlines. Masters thesis, Universiti Sains Malaysia..
spellingShingle HG1-9999 Finance
Yakath Ali, Nurul Syuhadah
Environmental Efficiency Analysis Of Global Airlines
title Environmental Efficiency Analysis Of Global Airlines
title_full Environmental Efficiency Analysis Of Global Airlines
title_fullStr Environmental Efficiency Analysis Of Global Airlines
title_full_unstemmed Environmental Efficiency Analysis Of Global Airlines
title_short Environmental Efficiency Analysis Of Global Airlines
title_sort environmental efficiency analysis of global airlines
topic HG1-9999 Finance
url http://eprints.usm.my/53755/1/NURUL%20SYUHADAH%20BINTI%20YAKATH%20ALI%20-%20TESIS24.pdf
work_keys_str_mv AT yakathalinurulsyuhadah environmentalefficiencyanalysisofglobalairlines