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MEASURING THE EFFICIENCY OF TRADITIONAL AIRLINE COMPANIES WITH DATA ENVELOPMENT ANALYSIS BEFORE AND AFTER THE PANDEMIC

Year 2023, Volume: 10 Issue: 3, 1976 - 1987, 30.11.2023
https://doi.org/10.30798/makuiibf.1220155

Abstract

The Covid-19 pandemic has affected traditional airlines, the largest passenger segment of which is international traffic. The closure of borders due to the pandemic has significantly reduced passenger numbers of traditional airlines. The aim of this study is to reveal the pre-pandemic and post-pandemic performances of the nine largest traditional airlines in Europe by using Data Envelopment Analysis (DEA). For this purpose, the efficiency of airline companies was compared before and after the pandemic by using aviation data between the years 2019-2020. In this context, “Available seat kilometer”, “number of employees” and “number of aircraft” were used as input variables, "passenger number" was used as output variable. According to the results of the analysis, Aegean Airlines was fully efficient both before and after the pandemic.

References

  • Aegean Group (2019). 2019 Sustainable Development Reports. 22 Kasım 2022 tarihinde https://en.about.aegeanair.com/corporate-responsibility/csr-report/ adresinden erişildi.
  • Aegean Group (2020). 2020 Sustainable Development Reports. 22 Kasım 2022 tarihinde https://en.about.aegeanair.com/corporate-responsibility/csr-report/ adresinden erişildi.
  • Aeroflot (2019). Annual report 2019. 22 Kasım 2022 tarihinde https://ir.aeroflot.ru/en/reporting/annual-reports/ adresinden erişildi.
  • Aeroflot (2020). Annual report 2020. 22 Kasım 2022 tarihinde https://ir.aeroflot.ru/en/reporting/annual-reports/ adresinden erişildi.
  • Air France-KLM Group (2019). 2019 Annual report. 22 Kasım 2022 tarihinde https://www.airfranceklm.com/sites/default/files/q4_2019_press_release_en_8855736.pdf adresinden erişildi.
  • Air France-KLM Group (2020). 2020 Annual report. 22 Kasım 2022 tarihinde https://www.airfranceklm.com/sites/default/files/2022-09/q4_2020_press_release_en_final%20%281%29.pdf adresinden erişildi.
  • Asker, V. (2018). Veri zarflama analizi ile finansal ve operasyonel etkinlik ölçümü: Geleneksel havayolu işletmelerinde bir uygulama. Anadolu Üniversitesi Sosyal Bilimler Dergisi, 8(18), 153-172.
  • Asker, V. (2021a). Havayolu işletmelerinde iki aşamalı veri zarflama analizi ile etkinlik ölçümü. MANAS Sosyal Araştırmalar Dergisi, 10(4), 2373-2385.
  • Asker, V. (2021b). Havayolu stratejik işbirliklerinde veri zarflama analizi ile finansal performansın incelenmesi. Journal of Aviation, 5(2), 181-191. DOI: 10.30518/jav.988297.
  • Auerbach, S., & Delfmann, W. (2017). Consolidating the network carrier business model in the European airline industry. In Strategie Management in the Aviation Industry içinde, 65-96. Routledge
  • Bingelli, U., & Pompeo, L. (2002). Hyped hopes for Europe's low-cost airlines: Europe's most successful no-frills carriers are making a lot of money. But as they mature, they will have problems expanding. The McKinsey Quarterly, 87-99.
  • Cao, Q., Lv, J., & Zhang, J. (2015). Productivity efficiency analysis of the airlines in China after deregulation. Journal of Air Transport Management, 42, 135-140. https://doi.org/10.1016/j.jairtraman.2014.09.009.
  • Charnes, A., Cooper, W., & Rhodes, E. (1978). Measuring the efficiency of decision making units. European Journal of Operational Research, 2(6), 429-444. https://doi.org/10.1016/0377-2217(78)90138-8.
  • Chen, Y., Cheng, S. & Zhu, Z. (2021). Exploring the operational and environmental performance of Chinese airlines: A two-stage undesirable SBM-NDEA approach, Journal of Cleaner Production, 289, 1-12. https://doi.org/10.1016/j.jclepro.2020.125711.
  • Cui, Q. & Li, Y. (2017). Airline efficiency measures under CNG2020 strategy: an application of a dynamic by-production model. Transportation Research Part A: Policy and Practice, 106, 130-143. https://doi.org/10.1016/j.tra.2017.09.006.
  • Elsayed, A. & Khalil, N. S. (2017). Evaluate and analysis efficiency of safaga port using DEA-CCR, BCC and SBM models–comparison with DP world Sokhna. In IOP Conference Series: Materials Science and Engineering, IOP Publishing, 245(4), 1-11. doi:10.1088/1757-899X/245/4/042033.
  • Finnair (2019). Annual report 2019. 22 Kasım 2022 tarihinde https://investors.finnair.com/~/media/Files/F/Finnair-IR/documents/en/reports-and-presentation/2020/annual-report-2019.pdf adresinden erişildi.
  • Finnair (2020). Annual report 2020. 22 Kasım 2022 tarihinde https://investors.finnair.com/~/media/Files/F/Finnair-IR/documents/en/reports-and-presentation/2021/annual-report-2020.pdf adresinden erişildi.
  • Heydari, C., Omrani, H. & Taghizadeh, R. (2020). A fully fuzzy network DEA-range adjusted measure model for evaluating airlines efficiency: A case of Iran. Journal of Air Transport Management, 89, 1-18. https://doi.org/10.1016/j.jairtraman.2020.101923
  • International Airlines Group (2019). 2019 Annual report. 22 Kasım 2022 tarihinde https://www.iairgroup.com/en/investors-and-shareholders/results-and-reports adresinden erişildi.
  • International Airlines Group (2020). 2020 Annual report. 22 Kasım 2022 tarihinde https://www.iairgroup.com/en/investors-and-shareholders/results-and-reports adresinden erişildi.
  • Khalili-Damghani, K., Tavana, M., & Haji-Saami, E. (2015). A data envelopment analysis model with interval data and undesirable output for combined cycle power plant performance assessment. Expert Systems with Applications, 42(2), 760–773. https://doi.org/10.1016/j.eswa.2014.08.028
  • Keleş, M.K., Ustaömer, T.C., & Özdağoğlu A. (2021). Havayolu sektöründe pandeminin etkisinin veri zarflama analizi değerlendirilmesi: Pegasus havayolları örneği, Sosyal, Hukuksal ve Yönetsel Boyutlarıyla Covid-19 Salgını, (Ed. Savaş Yıldız), Astana Yayınları, Ankara, 42-51.
  • Lin, Y.-H., & Hong, C.-F. (2020). Efficiency and effectiveness of airline companies in Taiwan and Mainland China. Asia Pacific Management Review, 25(1), 13-22. https://doi.org/10.1016/j.apmrv.2019.04.002
  • Lufthansa Group (2019). Annual Report 2019. 22 Kasım 2022 tarihinde https://investor-relations.lufthansagroup.com/fileadmin/downloads/en/financial-reports/annual-reports/LH-AR-2019-e.pdf adresinden erişildi.
  • Lufthansa Group (2020). Annual Report 2020. 22 Kasım 2022 tarihinde https://investor-relations.lufthansagroup.com/fileadmin/downloads/en/financial-reports/annual-reports/LH-AR-2020-e.pdf adresinden erişildi.
  • Pineda, P. J. G., Liou, J. J., Hsu, C.-C., & Chuang, Y.-C. (2018). An integrated MCDM model for improving airline operational and financial performance. Journal of Air Transport Management, 68, 103-117. https://doi.org/10.1016/j.jairtraman.2017.06.003
  • SAS Group (2019). SAS Annual and Sustainability Report Fiscal Year 2019. 22 Kasım 2022 tarihinde https://www.sasgroup.net/files/documents/Corporate_governace/annual-reports/sas-sas-annual-and-sustainability-report-fiscal-year-2019-200130.pdf adresinden erişildi.
  • SAS Group (2020). SAS Annual and Sustainability Report Fiscal Year 2020. 22 Kasım 2022 tarihinde https://www.sasgroup.net/files/documents/Corporate_governace/annual-reports/SAS_AST19-20_ENG2.pdf adresinden erişildi.
  • Tap Air Portugal (2019). Consolidated Management Report 2019. 22 Kasım 2022 tarihinde https://web3.cmvm.pt/sdi/emitentes/docs/PC74863.pdf adresinden erişildi.
  • Tap Air Portugal (2020). Consolidated Management Report 2020. 22 Kasım 2022 tarihinde https://web3.cmvm.pt/sdi/emitentes/docs/FR79029.pdf adresinden erişildi.
  • Türk Havayolları (2019). 1 Ocak – 31 Aralık 2019 Dönemine İlişkin Yönetim Kurulu Faaliyet Raporu. 22 Kasım 2022 tarihinde https://investor.turkishairlines.com/documents/2019-yili-yk-faaliyet-raporu-tr_v2.pdf adresinden erişildi.
  • Türk Havayolları (2020). 1 Ocak – 31 Aralık 2020 Dönemine İlişkin Yönetim Kurulu Faaliyet Raporu. 22 Kasım 2022 tarihinde https://investor.turkishairlines.com/documents/boards-activity-report/yk-faaliyet-raporu-14042021.pdf adresinden erişildi.
  • Zhang, A., & Zhang, Y. (2021). Is it time for an integrated aviation market in Northeast Asia? An airline performance perspective. Transport Policy, 110, 161-169. https://doi.org/10.1016/j.tranpol.2021.05.020

GELENEKSEL HAVAYOLU FİRMALARININ PANDEMİ ÖNCESİ VE SONRASI ETKİNLİĞİNİN VERİ ZARFLAMA ANALİZİ İLE ÖLÇÜLMESİ

Year 2023, Volume: 10 Issue: 3, 1976 - 1987, 30.11.2023
https://doi.org/10.30798/makuiibf.1220155

Abstract

Covid-19 pandemisi dünyada en çok, en büyük yolcu segmenti uluslararası trafik olan geleneksel havayolu firmalarını etkilemiştir. Pandemi nedeniyle sınırların kapanması geleneksel havayolu firmalarının yolcu sayılarını önemli ölçüde azaltmıştır. Bu çalışmanın amacı, Veri Zarflama Analizi (VZA) kullanılarak 2020 yolcu sayısına göre Avrupa’daki en büyük dokuz geleneksel havayolu firmasının pandemi öncesi ve sonrası dönemdeki performanslarını ortaya koymaktır. Bunun için, araştırmada 2019-2020 yılları arasındaki havacılık verilerinden yararlanılarak pandemi öncesi ve sonrası için havayolu firmalarının etkinliklerinin karşılaştırılması yapılmıştır. Bu kapsamda girdi olarak; “arz edilen koltuk kilometre”, “çalışan sayısı” ve “uçak sayısı”, çıktı olarak ise; “yolcu sayısı” kullanılmıştır. Analiz sonuçlarına göre hem pandemi öncesi hem de pandemi sonrasında Aegean Airlines havayolu firması tam etkin çıkmıştır.

References

  • Aegean Group (2019). 2019 Sustainable Development Reports. 22 Kasım 2022 tarihinde https://en.about.aegeanair.com/corporate-responsibility/csr-report/ adresinden erişildi.
  • Aegean Group (2020). 2020 Sustainable Development Reports. 22 Kasım 2022 tarihinde https://en.about.aegeanair.com/corporate-responsibility/csr-report/ adresinden erişildi.
  • Aeroflot (2019). Annual report 2019. 22 Kasım 2022 tarihinde https://ir.aeroflot.ru/en/reporting/annual-reports/ adresinden erişildi.
  • Aeroflot (2020). Annual report 2020. 22 Kasım 2022 tarihinde https://ir.aeroflot.ru/en/reporting/annual-reports/ adresinden erişildi.
  • Air France-KLM Group (2019). 2019 Annual report. 22 Kasım 2022 tarihinde https://www.airfranceklm.com/sites/default/files/q4_2019_press_release_en_8855736.pdf adresinden erişildi.
  • Air France-KLM Group (2020). 2020 Annual report. 22 Kasım 2022 tarihinde https://www.airfranceklm.com/sites/default/files/2022-09/q4_2020_press_release_en_final%20%281%29.pdf adresinden erişildi.
  • Asker, V. (2018). Veri zarflama analizi ile finansal ve operasyonel etkinlik ölçümü: Geleneksel havayolu işletmelerinde bir uygulama. Anadolu Üniversitesi Sosyal Bilimler Dergisi, 8(18), 153-172.
  • Asker, V. (2021a). Havayolu işletmelerinde iki aşamalı veri zarflama analizi ile etkinlik ölçümü. MANAS Sosyal Araştırmalar Dergisi, 10(4), 2373-2385.
  • Asker, V. (2021b). Havayolu stratejik işbirliklerinde veri zarflama analizi ile finansal performansın incelenmesi. Journal of Aviation, 5(2), 181-191. DOI: 10.30518/jav.988297.
  • Auerbach, S., & Delfmann, W. (2017). Consolidating the network carrier business model in the European airline industry. In Strategie Management in the Aviation Industry içinde, 65-96. Routledge
  • Bingelli, U., & Pompeo, L. (2002). Hyped hopes for Europe's low-cost airlines: Europe's most successful no-frills carriers are making a lot of money. But as they mature, they will have problems expanding. The McKinsey Quarterly, 87-99.
  • Cao, Q., Lv, J., & Zhang, J. (2015). Productivity efficiency analysis of the airlines in China after deregulation. Journal of Air Transport Management, 42, 135-140. https://doi.org/10.1016/j.jairtraman.2014.09.009.
  • Charnes, A., Cooper, W., & Rhodes, E. (1978). Measuring the efficiency of decision making units. European Journal of Operational Research, 2(6), 429-444. https://doi.org/10.1016/0377-2217(78)90138-8.
  • Chen, Y., Cheng, S. & Zhu, Z. (2021). Exploring the operational and environmental performance of Chinese airlines: A two-stage undesirable SBM-NDEA approach, Journal of Cleaner Production, 289, 1-12. https://doi.org/10.1016/j.jclepro.2020.125711.
  • Cui, Q. & Li, Y. (2017). Airline efficiency measures under CNG2020 strategy: an application of a dynamic by-production model. Transportation Research Part A: Policy and Practice, 106, 130-143. https://doi.org/10.1016/j.tra.2017.09.006.
  • Elsayed, A. & Khalil, N. S. (2017). Evaluate and analysis efficiency of safaga port using DEA-CCR, BCC and SBM models–comparison with DP world Sokhna. In IOP Conference Series: Materials Science and Engineering, IOP Publishing, 245(4), 1-11. doi:10.1088/1757-899X/245/4/042033.
  • Finnair (2019). Annual report 2019. 22 Kasım 2022 tarihinde https://investors.finnair.com/~/media/Files/F/Finnair-IR/documents/en/reports-and-presentation/2020/annual-report-2019.pdf adresinden erişildi.
  • Finnair (2020). Annual report 2020. 22 Kasım 2022 tarihinde https://investors.finnair.com/~/media/Files/F/Finnair-IR/documents/en/reports-and-presentation/2021/annual-report-2020.pdf adresinden erişildi.
  • Heydari, C., Omrani, H. & Taghizadeh, R. (2020). A fully fuzzy network DEA-range adjusted measure model for evaluating airlines efficiency: A case of Iran. Journal of Air Transport Management, 89, 1-18. https://doi.org/10.1016/j.jairtraman.2020.101923
  • International Airlines Group (2019). 2019 Annual report. 22 Kasım 2022 tarihinde https://www.iairgroup.com/en/investors-and-shareholders/results-and-reports adresinden erişildi.
  • International Airlines Group (2020). 2020 Annual report. 22 Kasım 2022 tarihinde https://www.iairgroup.com/en/investors-and-shareholders/results-and-reports adresinden erişildi.
  • Khalili-Damghani, K., Tavana, M., & Haji-Saami, E. (2015). A data envelopment analysis model with interval data and undesirable output for combined cycle power plant performance assessment. Expert Systems with Applications, 42(2), 760–773. https://doi.org/10.1016/j.eswa.2014.08.028
  • Keleş, M.K., Ustaömer, T.C., & Özdağoğlu A. (2021). Havayolu sektöründe pandeminin etkisinin veri zarflama analizi değerlendirilmesi: Pegasus havayolları örneği, Sosyal, Hukuksal ve Yönetsel Boyutlarıyla Covid-19 Salgını, (Ed. Savaş Yıldız), Astana Yayınları, Ankara, 42-51.
  • Lin, Y.-H., & Hong, C.-F. (2020). Efficiency and effectiveness of airline companies in Taiwan and Mainland China. Asia Pacific Management Review, 25(1), 13-22. https://doi.org/10.1016/j.apmrv.2019.04.002
  • Lufthansa Group (2019). Annual Report 2019. 22 Kasım 2022 tarihinde https://investor-relations.lufthansagroup.com/fileadmin/downloads/en/financial-reports/annual-reports/LH-AR-2019-e.pdf adresinden erişildi.
  • Lufthansa Group (2020). Annual Report 2020. 22 Kasım 2022 tarihinde https://investor-relations.lufthansagroup.com/fileadmin/downloads/en/financial-reports/annual-reports/LH-AR-2020-e.pdf adresinden erişildi.
  • Pineda, P. J. G., Liou, J. J., Hsu, C.-C., & Chuang, Y.-C. (2018). An integrated MCDM model for improving airline operational and financial performance. Journal of Air Transport Management, 68, 103-117. https://doi.org/10.1016/j.jairtraman.2017.06.003
  • SAS Group (2019). SAS Annual and Sustainability Report Fiscal Year 2019. 22 Kasım 2022 tarihinde https://www.sasgroup.net/files/documents/Corporate_governace/annual-reports/sas-sas-annual-and-sustainability-report-fiscal-year-2019-200130.pdf adresinden erişildi.
  • SAS Group (2020). SAS Annual and Sustainability Report Fiscal Year 2020. 22 Kasım 2022 tarihinde https://www.sasgroup.net/files/documents/Corporate_governace/annual-reports/SAS_AST19-20_ENG2.pdf adresinden erişildi.
  • Tap Air Portugal (2019). Consolidated Management Report 2019. 22 Kasım 2022 tarihinde https://web3.cmvm.pt/sdi/emitentes/docs/PC74863.pdf adresinden erişildi.
  • Tap Air Portugal (2020). Consolidated Management Report 2020. 22 Kasım 2022 tarihinde https://web3.cmvm.pt/sdi/emitentes/docs/FR79029.pdf adresinden erişildi.
  • Türk Havayolları (2019). 1 Ocak – 31 Aralık 2019 Dönemine İlişkin Yönetim Kurulu Faaliyet Raporu. 22 Kasım 2022 tarihinde https://investor.turkishairlines.com/documents/2019-yili-yk-faaliyet-raporu-tr_v2.pdf adresinden erişildi.
  • Türk Havayolları (2020). 1 Ocak – 31 Aralık 2020 Dönemine İlişkin Yönetim Kurulu Faaliyet Raporu. 22 Kasım 2022 tarihinde https://investor.turkishairlines.com/documents/boards-activity-report/yk-faaliyet-raporu-14042021.pdf adresinden erişildi.
  • Zhang, A., & Zhang, Y. (2021). Is it time for an integrated aviation market in Northeast Asia? An airline performance perspective. Transport Policy, 110, 161-169. https://doi.org/10.1016/j.tranpol.2021.05.020
There are 34 citations in total.

Details

Primary Language Turkish
Subjects Business Administration
Journal Section Research Articles
Authors

Murat Kemal Keleş 0000-0003-0374-6839

Early Pub Date November 28, 2023
Publication Date November 30, 2023
Submission Date December 16, 2022
Published in Issue Year 2023 Volume: 10 Issue: 3

Cite

APA Keleş, M. K. (2023). GELENEKSEL HAVAYOLU FİRMALARININ PANDEMİ ÖNCESİ VE SONRASI ETKİNLİĞİNİN VERİ ZARFLAMA ANALİZİ İLE ÖLÇÜLMESİ. Journal of Mehmet Akif Ersoy University Economics and Administrative Sciences Faculty, 10(3), 1976-1987. https://doi.org/10.30798/makuiibf.1220155