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Safety and the economic and financial performance in the airline industry: is there any relationship?

  • Datos identificativos

    Identificador: imarina:5133041
    Autores:
    Kalemba N, Campa-Planas F
    Resumen:
    © 2019 The Author(s). Published by VGTU Press. Safety has always been and is a key management aspect in the airline industry. Airline companies, airport management, aviation staff and air traffic control perform the impossible to ensure the lowest possible number of accidents and incidents for minimizing the number of fatalities. The main objective of this paper is first, to determine and analyze literature published concerning safety in the airline business and, second, to see the relationship between safety and other related economic and financial indicators. The sample used is a collection of international airlines included in the JACDEC safety index, considering longitudinal data for the years 2011−2015. The results revealed a non-significant effect for safety on the profitability of the airline companies, whereas a significant effect of safety on airlines’ revenues was shown.
  • Otros:

    Autor según el artículo: Kalemba N, Campa-Planas F
    Departamento: Gestió d'Empreses
    Autor/es de la URV: Campa Planas, Fernando / KALEMBA, NICOLE
    Palabras clave: Safety management Profits Profitability Key performance indicators Jacdec Airline companies
    Resumen: © 2019 The Author(s). Published by VGTU Press. Safety has always been and is a key management aspect in the airline industry. Airline companies, airport management, aviation staff and air traffic control perform the impossible to ensure the lowest possible number of accidents and incidents for minimizing the number of fatalities. The main objective of this paper is first, to determine and analyze literature published concerning safety in the airline business and, second, to see the relationship between safety and other related economic and financial indicators. The sample used is a collection of international airlines included in the JACDEC safety index, considering longitudinal data for the years 2011−2015. The results revealed a non-significant effect for safety on the profitability of the airline companies, whereas a significant effect of safety on airlines’ revenues was shown.
    Áreas temáticas: Engineering, aerospace Ciencias sociales Aerospace engineering
    Acceso a la licencia de uso: https://creativecommons.org/licenses/by/4.0/deed.en
    ISSN: 16487788
    Direcció de correo del autor: fernando.campa@urv.cat
    Identificador del autor: 0000-0001-7175-6698
    Fecha de alta del registro: 2023-02-26
    Volumen de revista: 23
    Versión del articulo depositado: info:eu-repo/semantics/publishedVersion
    Referencia al articulo segun fuente origial: Aviation. 23 (1): 7-14
    Referencia de l'ítem segons les normes APA: Kalemba N, Campa-Planas F (2019). Safety and the economic and financial performance in the airline industry: is there any relationship?. Aviation, 23(1), 7-14. DOI: 10.3846/aviation.2019.9744
    URL Documento de licencia: https://repositori.urv.cat/ca/proteccio-de-dades/
    Entidad: Universitat Rovira i Virgili
    Año de publicación de la revista: 2019
    Tipo de publicación: Journal Publications
  • Palabras clave:

    Aerospace Engineering,Engineering, Aerospace
    Safety management
    Profits
    Profitability
    Key performance indicators
    Jacdec
    Airline companies
    Engineering, aerospace
    Ciencias sociales
    Aerospace engineering
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