Citation
(2013), "2012 Awards for Excellence", Journal of Economic Studies, Vol. 40 No. 1. https://doi.org/10.1108/jes.2013.00240aaa.001
Publisher
:Emerald Group Publishing Limited
Copyright © 2013, Emerald Group Publishing Limited
2012 Awards for Excellence
Article Type: 2012 Awards for Excellence From: Journal of Economic Studies, Volume 40, Issue 1
The following article was selected for this year’s Outstanding Paper Award for Journal of Economic Studies
"The operational performance of UK airlines: 2002-2007"
A. George AssafUniversity of Massachusetts-Amherst, Amherst, Massachusetts, USA
Alexander JosiassenThe Centre for Tourism and Services Research (CTSR), Victoria University, Melbourne, Australia
Purpose – The purpose of this paper is to measure the efficiency of UK airlines in light of all the recent industry challenges.Design/methodology/approach – The study measured the technical efficiency of airlines through the innovative data envelopment analysis (DEA) bootstrap methodology.Findings – Results based on a sample of recent input/output data indicated that the efficiency of UK airlines has continuously declined since 2004 to reach a value of 73.39 per cent in 2007. Factors which were found to be significantly and positively related to technical efficiency variations include airline size and load factor. The paper also highlights that factors such as increase in oil price and fierce market competition were also potential inefficiency determinants.Practical implications – The findings of this paper provide a fresh link between airline performance and the current industry characteristics. UK airlines also have a major role in the European and international aviation sector, and thus a reflection on their efficiency could be of interest to private and public policy makersOriginality/value – The paper focuses on a recent period and thus provide a fresh efficiency assessment of the airline industry. The study also extends the limited literature available on UK airlines.
Keywords: Airlines, Data analysis, Performance management, United Kingdom.
www.emeraldinsight.com/10.1108/01443581111096114
This article originally appeared in Volume 38 Number 1, 2011, pp. 5-16, Journal of Economic Studies
The following articles were selected for this year’s Highly Commended Award
“Some structural issues in demand and supply of global food production”
Masudul Alam Choudhury
This article originally appeared in Volume 38 Number 1, 2011, Journal of Economic Studies