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A comparison of alternative airport performance measurement techniques: A European case study
Journal of Airport Management,
1
(1),
59-74
(2006)
Abstract
The aim of this paper is to assess the comparative performance of European airports by using a mixture of different approaches that are available to measure efficiency and productivity. The paper adopts a financial focus and considers partial factor productivity, financial ratio analysis and data envelopment analysis. A sample of 31 individual European airports and four European airport systems is used for the ten-year period beginning in 1990. This sample includes airports of varying sizes, in public, mixed public-private and fully private ownership. The research reveals differences in financial performance between the airports in terms of geographical location, airport size and ownership status.
Keywords: performance; airports; economics; finances; Europe
The full article is available to subscribers to the journal.
Author's Biography
Hans-Arthur Vogel has worked with Fraport AG (the owner and operator of Frankfurt airport) for some 20 years in various roles of financial controlling and management, and recently moved on to their wholly owned subsidiary ‘Aviation Security Service and Consulting GmbH’. He holds an MBA in aviation (distinction) from Embry-Riddle Aeronautical University, Daytona Beach, and a PhD in airport economics and finance from the University of Westminster, London. He is a visiting lecturer to the Berlin School of Economics, and associated with the German Airport Performance Project (GAP).
Anne Graham is a senior lecturer at the University of Westminster. Previously, she worked in air transport consultancy. Anne has a first class BSc degree in mathematics, an MSc degree in tourism and a PhD in air transport and tourism management. Anne specialises in the teaching and research of air transport and tourism. Her key research interests are airport management, economics and regulation, and the modelling and forecasting of air transport and tourism demand.
