A Performance Measurement Study Using the Critic and Aras Methods in the International Aerospace Industry

Mehmet Yaşar

A Performance Measurement Study Using the Critic and Aras Methods in the International Aerospace Industry

Abstract

This study aims to evaluate the performance of manufacturing companies operating in the international aerospace industry. In this context, the financial performance of 12 leading companies for the period 2019-2023 is analyzed through multi-criteria decision-making processes using the CRITIC and ARAS methods. In order to evaluate the performance of the companies in question, a number of financial indicators are taken into consideration, including total capital, capital expenditures, gross income, operating expenses, total liabilities and working capital. The CRITIC method was employed to ascertain the relative importance of the criteria, while the ARAS method was utilized to evaluate the performance of the companies in question. The results demonstrate that Transdigm Group is the most successful company, with General Electric consistently ranking second. Conversely, the performance of companies such as Airbus and Boeing has exhibited variability over time. The findings of the study offer valuable insights for strategic performance evaluation in the aerospace industry.

Keywords

References

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Details

Primary Language

English

Subjects

Transport Economics, Production and Operations Management

Journal Section

Research Article

Authors

Mehmet Yaşar ^*
0000-0001-7237-4069
Türkiye

Early Pub Date

September 30, 2025

Publication Date

December 8, 2025

Submission Date

April 13, 2025

Acceptance Date

June 18, 2025

Published in Issue

Year 2025 Volume: 06 Number: 02

IZ

https://izlik.org/JA35PA97DD

Cite

RIS / Bibtex

APA

Yaşar, M. (2025). A Performance Measurement Study Using the Critic and Aras Methods in the International Aerospace Industry. International Journal of Aviation Science and Technology, 06(02), 126-141. https://izlik.org/JA35PA97DD

AMA

1.Yaşar M. A Performance Measurement Study Using the Critic and Aras Methods in the International Aerospace Industry. IJAST. 2025;06(02):126-141. https://izlik.org/JA35PA97DD

Chicago

Yaşar, Mehmet. 2025. “A Performance Measurement Study Using the Critic and Aras Methods in the International Aerospace Industry”. International Journal of Aviation Science and Technology 06 (02): 126-41. https://izlik.org/JA35PA97DD.

EndNote

Yaşar M (December 1, 2025) A Performance Measurement Study Using the Critic and Aras Methods in the International Aerospace Industry. International Journal of Aviation Science and Technology 06 02 126–141.

IEEE

[1]M. Yaşar, “A Performance Measurement Study Using the Critic and Aras Methods in the International Aerospace Industry”, IJAST, vol. 06, no. 02, pp. 126–141, Dec. 2025, [Online]. Available: https://izlik.org/JA35PA97DD

ISNAD

Yaşar, Mehmet. “A Performance Measurement Study Using the Critic and Aras Methods in the International Aerospace Industry”. International Journal of Aviation Science and Technology 06/02 (December 1, 2025): 126-141. https://izlik.org/JA35PA97DD.

JAMA

1.Yaşar M. A Performance Measurement Study Using the Critic and Aras Methods in the International Aerospace Industry. IJAST. 2025;06:126–141.

MLA

Yaşar, Mehmet. “A Performance Measurement Study Using the Critic and Aras Methods in the International Aerospace Industry”. International Journal of Aviation Science and Technology, vol. 06, no. 02, Dec. 2025, pp. 126-41, https://izlik.org/JA35PA97DD.

Vancouver

1.Mehmet Yaşar. A Performance Measurement Study Using the Critic and Aras Methods in the International Aerospace Industry. IJAST [Internet]. 2025 Dec. 1;06(02):126-41. Available from: https://izlik.org/JA35PA97DD