Research Article

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

Volume: 9 Number: 2 May 25, 2025
TR EN

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

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

References

  1. Ball, M., Donohue, G. & Hoffman, K. (2006). Auctions for the safe, efficient, and equitable allocation of airspace system resources. Combinatorial Auctions, 1.
  2. Bauranov, A. & Rakas, J. (2021). Designing airspace for urban air mobility: A review of concepts and approaches. Progress in Aerospace Sciences, 125, 100726.
  3. Becker, T. (2016). Russia's oil dependence and the EU (No. 38). SITE Working paper.
  4. Berdysheva, S. & Ikonnikova, S. (2021). The energy transition and shifts in fossil fuel use: the study of international energy trade and energy security dynamics. Energies, 14(17), 5396.
  5. Bernstein, J., Richter, A. W. & Throckmorton, N. A. (2020). Covid-19: A view from the labor market (April 2020). FRB of Dallas Working Paper No. 2010. http://dx.doi.org/10.24149/wp2010
  6. Bluszcz, A. (2017). European economies in terms of energy dependence. Quality & Quantity, 51, 1531-1548.
  7. Button, K. & Neiva, R. (2013). Single European Sky and the functional airspace blocks: Will they improve economic efficiency?. Journal of Air Transport Management, 33, 73-80.
  8. Button, K. & Neiva, R. (2014). Economic efficiency of European air traffic control systems. Journal of Transport Economics and Policy (JTEP), 48(1), 65-80.

Details

Primary Language

English

Subjects

Panel Data Analysis, Sustainable Development

Journal Section

Research Article

Publication Date

May 25, 2025

Submission Date

July 21, 2024

Acceptance Date

December 19, 2024

Published in Issue

Year 2025 Volume: 9 Number: 2

APA
Ölçen, O., & Alnıpak, S. (2025). Research on the Relationship Between Oil Dependence and Profitability in the Airspace of Europe. Fiscaoeconomia, 9(2), 822-832. https://doi.org/10.25295/fsecon.1519830
AMA
1.Ölçen O, Alnıpak S. Research on the Relationship Between Oil Dependence and Profitability in the Airspace of Europe. FSECON. 2025;9(2):822-832. doi:10.25295/fsecon.1519830
Chicago
Ölçen, Olcay, and Serdar Alnıpak. 2025. “Research on the Relationship Between Oil Dependence and Profitability in the Airspace of Europe”. Fiscaoeconomia 9 (2): 822-32. https://doi.org/10.25295/fsecon.1519830.
EndNote
Ölçen O, Alnıpak S (May 1, 2025) Research on the Relationship Between Oil Dependence and Profitability in the Airspace of Europe. Fiscaoeconomia 9 2 822–832.
IEEE
[1]O. Ölçen and S. Alnıpak, “Research on the Relationship Between Oil Dependence and Profitability in the Airspace of Europe”, FSECON, vol. 9, no. 2, pp. 822–832, May 2025, doi: 10.25295/fsecon.1519830.
ISNAD
Ölçen, Olcay - Alnıpak, Serdar. “Research on the Relationship Between Oil Dependence and Profitability in the Airspace of Europe”. Fiscaoeconomia 9/2 (May 1, 2025): 822-832. https://doi.org/10.25295/fsecon.1519830.
JAMA
1.Ölçen O, Alnıpak S. Research on the Relationship Between Oil Dependence and Profitability in the Airspace of Europe. FSECON. 2025;9:822–832.
MLA
Ölçen, Olcay, and Serdar Alnıpak. “Research on the Relationship Between Oil Dependence and Profitability in the Airspace of Europe”. Fiscaoeconomia, vol. 9, no. 2, May 2025, pp. 822-3, doi:10.25295/fsecon.1519830.
Vancouver
1.Olcay Ölçen, Serdar Alnıpak. Research on the Relationship Between Oil Dependence and Profitability in the Airspace of Europe. FSECON. 2025 May 1;9(2):822-3. doi:10.25295/fsecon.1519830
download?token=eyJ1aWQiOjEwMTE3NywiYXV0aF9yb2xlcyI6WyJST0xFX1VTRVIiXSwiZW5kcG9pbnQiOiJqb3VybmFsIiwib3JpZ2luYWxuYW1lIjoiMjAyNi0wMy0xNF8wMC0xOC01OC5wbmciLCJwYXRoIjoiNTVjMC82NjE0LzA5NGEvNjliNDdmNjNjMjdiMDUuMDA4NTE4OTUucG5nIiwiZXhwIjoxNzczNDQwMzcxLCJub25jZSI6IjMzYzNhMDczOTJhZDBiOWUxMjA4MTJlMzAwOTdlMDhjIn0.uxgvoBOu5rdPPckMLotZ4eBnzOQVB_StL3DcxMXqMSU


Fiscaoeconomia is licensed under a Creative Commons Attribution License (CC BY).