COMPARATIVE ASSESSMENT OF FINANCIAL PERFORMANCE AMONG AIR NAVIGATION SERVICE PROVIDERS

Year 2025, Issue: 66, 35 - 51

Arif Tuncal

https://doi.org/10.30794/pausbed.1508218

Abstract

The significant expansion of the aviation industry highlights the crucial need for financial resilience and strategic governance among stakeholders, particularly emphasizing the essential role of air navigation service providers (ANSPs). The aim of the study was to present a model for the assessment and comparison of the financial performance of seventeen ANSPs. The financial performance of the seventeen ANSPs was evaluated using nine financial ratios, with the combined scores subsequently analyzed using the TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) method over a five-year period (2018-2022). The study revealed that DSNA demonstrated resilience in the face of the crisis, whereas ENAIRE was unable to sustain its previous financial performance among the 17 ANSPs over the past years. It is recommended that further analyses be conducted using a range of criteria, that financial strategies for crisis resilience be investigated, and that global aviation trends across regions be explored.

Keywords

Air navigation service, Aviation, Financial performance, Multiple-criteria decision making, TOPSIS

HAVA SEYRÜSEFER HİZMET SAĞLAYICILARI ARASINDA FİNANSAL PERFORMANSIN KARŞILAŞTIRMALI DEĞERLENDİRMESİ

Abstract

Havacılık endüstrisindeki gelişme süreci paydaşlar arasında mali dayanıklılık ve stratejik yönetimin önemini vurgulamakta ve özellikle hava seyrüsefer hizmet sağlayıcıları (HSHS) öne çıkarmaktadır. Hava seyrüsefer hizmet sağlayıcıların finansal performansının değerlendirilmesi havacılık sektörünün genel direncini ve sürekliliğini değerlendirmek açısından önemlidir. Bu çalışmanın amacı, hava seyrüsefer hizmet sağlayıcıların finansal performansını karşılaştırmalı olarak incelemektir. Bu hava seyrüsefer hizmet sağlayıcıların finansal performansı dokuz finansal oranla 5 yıllık dönemi (2018-2022) kapsayacak şekilde TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) yöntemi kullanılarak analiz edilmiş ve sıralanmıştır. Sonuç olarak DSNA'nın krize rağmen güçlü bir yapıya sahip olduğu, ancak ENAIRE'in geçmiş yıllardaki finansal performansını sürdüremediğini bulunmuştur. Gelecekteki çalışmalarda benzer analizlerin farklı kriterlerle daha detaylı olarak incelenmesi, kriz direnci için finansal stratejilerin araştırılması ve bölgeler arası küresel havacılık trendlerinin araştırılması önerilmektedir.

Keywords

Çok kriterli karar verme, Finansal performans, Hava seyrüsefer hizmeti, Havacılık, TOPSIS

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