Measuring Airports' Operating Efficiency: A Summary of the 2003 ATRS Global Airport Benchmarking Report

Tae Hoon Oum, Chunyan Yu

Research output: Contribution to journalArticlepeer-review

Abstract

This paper provides a partial summary of the 2003 ATRS (Air Transport Research Society) Global Airport Benchmarking Report which uses the annual data for 2000–2001. The objective of the ATRS benchmarking report is to measure and compare the performance of several important aspects of airport management and operation: productivity and efficiency, unit costs and cost competitiveness, financial results. The report also examines the relationships between various performance measures and airport characteristics in order to better understand the observed differences in airport performance. This particular paper extracted from the benchmarking report focuses on measuring and comparing operating efficiency performance of the world’s major airports. In particular, the paper presents the results on the airports’ Variable Factor Productivities (VFP) after removing the effects of the variables beyond managerial control. In the process, it identifies the effects of various factors influencing airport’s VFP, and computes a ’residual’ VFP index as an indicator for airports’ operations efficiency.
Original languageAmerican English
JournalTransportation Research Part E: Logistics and Transportation Review
Volume40
DOIs
StatePublished - Nov 2004
Externally publishedYes

Keywords

  • airport performance comparison
  • operating efficiency
  • variable factor productivity
  • effects of diversification and outsourcing

Disciplines

  • Business
  • Transportation

Cite this