3rd International Thematic Monograph – Modern Management Tools and Economy of Tourism Sector in Present Era

EFFICIENCY ANALYSIS OF AIRLINES USING DEA MODEL

Aleksandra Marcikic Horvat, Assistant Professor
University of Novi Sad, Faculty of Economics Subotica, Segedinski put 9-11, 24000 Subotica, Serbia
Kristina Budimcevic, PhD
Etihad Airways, Khalifa City A,P.O. Box 35566, Abu Dhabi, UAE

DOI:  ​ ​  ​  ​ https://doi.org/10.31410/tmt.2018.221

Abstract:   Due to deregulation and dynamic development of the air transport in the recent decades, the concept of performance evaluation and efficiency measurement has been given an increasing attention. The main goal of this paper is to use Data Envelopment Analysis to compare the efficiency of nine airlines using multiple inputs and outputs. The results of the analysis showed that Croatian Airlines, Lufthansa, Singapore Airlines and Emirates Airlines have the best ratio of the selected inputs and outputs and thus they are achieving maximum efficiency compared to the other airlines included in the analysis. 

Keywords: Data Envelopment Analysis, Efficiency Analysis, Airlines

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