Articles producció científica> Gestió d'Empreses

Influence of airlines’ size and labour costs on profitability

  • Identification data

    Identifier: imarina:9138884
    Authors:
    Ginieis, MatiasBeatriz Hernandez-Lara, AnaVictoria Sanchez-Rebull, Maria
    Abstract:
    © 2020 The Author(s). Published by Vilnius Gediminas Technical University. It is important to examine profitability in the aviation sector and the factors that may affect it, due to their relevance for the airlines’ survival. The main purpose of this paper is to analyse the effect of three internal business characteristics, namely labour costs, labour productivity and company size, on airlines’ profitability, considering the airline type as a moderating effect. We have collected data of 190 European airlines during a 10-year period (2004–2013) which allowed us to create an unbalanced panel of 1,364 observations. Four types of airlines are considered. Results show that cost per employee has a positive influence on economic performance, especially for major carriers and regional carriers. It is also confirmed that the carrier type influences the relationship between labour costs, labour productivity and company size on the one hand, and economic returns on the other. These findings are relevant as they improve our understanding of economic profitability in different airlines’ types.
  • Others:

    Author, as appears in the article.: Ginieis, Matias; Beatriz Hernandez-Lara, Ana; Victoria Sanchez-Rebull, Maria
    Department: Gestió d'Empreses
    URV's Author/s: Ginieis Iribarren, Matías Carlos / Hernandez Lara, Ana Beatriz / Sánchez Rebull, María Victoria
    Keywords: Profitability Labour productivity Economic performance Costs Aviation Airlines
    Abstract: © 2020 The Author(s). Published by Vilnius Gediminas Technical University. It is important to examine profitability in the aviation sector and the factors that may affect it, due to their relevance for the airlines’ survival. The main purpose of this paper is to analyse the effect of three internal business characteristics, namely labour costs, labour productivity and company size, on airlines’ profitability, considering the airline type as a moderating effect. We have collected data of 190 European airlines during a 10-year period (2004–2013) which allowed us to create an unbalanced panel of 1,364 observations. Four types of airlines are considered. Results show that cost per employee has a positive influence on economic performance, especially for major carriers and regional carriers. It is also confirmed that the carrier type influences the relationship between labour costs, labour productivity and company size on the one hand, and economic returns on the other. These findings are relevant as they improve our understanding of economic profitability in different airlines’ types.
    Thematic Areas: Engineering, aerospace Ciencias sociales Aerospace engineering
    licence for use: https://creativecommons.org/licenses/by/3.0/es/
    Author's mail: matias.ginieis@urv.cat mariavictoria.sanchez@urv.cat mariavictoria.sanchez@urv.cat anabeatriz.hernandez@urv.cat
    Author identifier: 0000-0003-4459-2899 0000-0003-0326-5699 0000-0002-9920-4104 0000-0003-0326-5699 0000-0002-9920-4104 0000-0002-8110-9328
    Record's date: 2024-08-24
    Papper version: info:eu-repo/semantics/publishedVersion
    Link to the original source: https://journals.vgtu.lt/index.php/Aviation/article/view/12539
    Licence document URL: https://repositori.urv.cat/ca/proteccio-de-dades/
    Papper original source: Aviation. 24 (4): 157-168
    APA: Ginieis, Matias; Beatriz Hernandez-Lara, Ana; Victoria Sanchez-Rebull, Maria (2020). Influence of airlines’ size and labour costs on profitability. Aviation, 24(4), 157-168. DOI: 10.3846/aviation.2020.12539
    Article's DOI: 10.3846/aviation.2020.12539
    Entity: Universitat Rovira i Virgili
    Journal publication year: 2020
    Publication Type: Journal Publications
  • Keywords:

    Aerospace Engineering,Engineering, Aerospace
    Profitability
    Labour productivity
    Economic performance
    Costs
    Aviation
    Airlines
    Engineering, aerospace
    Ciencias sociales
    Aerospace engineering
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