Environmental sustainability performance of US airlines: implications of financial performance and technical efficiency

Simple item page
dc.contributor.authorKaffash, Sepideh
dc.contributor.authorChomachaei, Fahimeh
dc.contributor.authorAktas, Emel
dc.date.accessioned2024-11-27T11:28:22Z
dc.date.available2024-11-27T11:28:22Z
dc.date.freetoread2024-11-27
dc.date.issued2024-12-31
dc.date.pubOnline2024-11-21
dc.description.abstractAir transportation significantly contributes to global CO2 emissions. The US Aviation Climate Action Plan introduced in November 2021 aims to decarbonize the aviation sector by 2050. Aligned with this initiative, our study applies Data Envelopment Analysis and fixed-effect panel regression to empirically explore how financial performance and technical efficiency impact Environmental Sustainability Performance (ESP) in the airline industry. We curated panel data of nine US passenger airlines from 2010 to 2019 to examine three key areas: the impact of financial performance on environmental sustainability performance, the influence of efficiency on environmental sustainability performance, and the relationship between flight stage length and environmental sustainability performance. Our findings indicate that improved Financial Performance, higher technical efficiency, and longer stage lengths positively contribute to enhanced environmental sustainability performance. Our study provides valuable insights for managers and policymakers, emphasizing the pivotal role of financial stability in achieving environmental goals within the airline industry. It underscores the intricate connection between economic viability and sustainability, offering guidance for policymakers seeking to balance financial success with environmental goals.
dc.description.journalNameJournal of the Operational Research Society
dc.identifier.citationKaffash S, Chomachaei F, Aktas E. (2024) Environmental sustainability performance of US airlines: implications of financial performance and technical efficiency. Journal of the Operational Research Society, Available online 21 November 2024
dc.identifier.eissn1476-9360
dc.identifier.elementsID559299
dc.identifier.issn0160-5682
dc.identifier.urihttps://doi.org/10.1080/01605682.2024.2429567
dc.identifier.urihttps://dspace.lib.cranfield.ac.uk/handle/1826/23228
dc.languageEnglish
dc.language.isoen
dc.publisherTaylor and Francis
dc.publisher.urihttps://www.tandfonline.com/doi/full/10.1080/01605682.2024.2429567
dc.rightsAttribution 4.0 Internationalen
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subjectOperations Research
dc.subject35 Commerce, management, tourism and services
dc.subject46 Information and computing sciences
dc.subject49 Mathematical sciences
dc.subjectAirline industry
dc.subjectenvironmental sustainability performance
dc.subjectfinancial performance
dc.subjectempirical study
dc.subjectdata envelopment analysis
dc.subjectpanel regression
dc.titleEnvironmental sustainability performance of US airlines: implications of financial performance and technical efficiency
dc.typeArticle
dcterms.dateAccepted2024-11-08

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Environmental_sustainability_performance-2024.pdf
Size:
1.17 MB
Format:
Adobe Portable Document Format
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.63 KB
Format:
Plain Text
Description:
Download

Collections

Staff publications (SoM)