UCL Discovery
UCL home » Library Services » Electronic resources » UCL Discovery

An Empirical Analysis of Airport Capacity Expansion

Dray, L; (2020) An Empirical Analysis of Airport Capacity Expansion. Journal of Air Transport Management , 87 , Article 101850. 10.1016/j.jairtraman.2020.101850. (In press). Green open access

[img]
Preview
Text
Dray_1-s2.0-S0969699719304314-main.pdf - Published version

Download (2MB) | Preview

Abstract

Theoretical analyses of the impact of airport capacity expansion must model or make assumptions about the effect of capacity on demand, airline competition, aircraft types, fares and other characteristics of a given airport. In this paper, we use empirical data on historical schedules, fares, delays and demand for the busiest 150 airports in 2015 to examine the typical impact of historical capacity expansions. We find significant diversity in outcomes, with over half the expanded airports either using less than their pre-expansion capacity or remaining constrained even at post-expansion capacity by 2016. Many of the expected impacts, such as reductions in typical aircraft size, either do not materialise or are dominated by other effects (for example, recessions; airlines beginning or ending operations at an airport; changes in regulation). Behaviour on expansion is affected by slot control regulations and whether the airport is initially capacity-constrained. In particular, slot-controlled airports typically add new destinations and carriers on expansion rather than making significant changes to existing schedules.

Type: Article
Title: An Empirical Analysis of Airport Capacity Expansion
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.jairtraman.2020.101850
Publisher version: https://doi.org/10.1016/j.jairtraman.2020.101850
Language: English
Additional information: Published by Elsevier Ltd. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/)
Keywords: Airport capacity, Airport capacity expansion, Slot control, Airline competition, Airline scheduling
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Bartlett School Env, Energy and Resources
URI: https://discovery.ucl.ac.uk/id/eprint/10099412
Downloads since deposit
24Downloads
Download activity - last month
Download activity - last 12 months
Downloads by country - last 12 months

Archive Staff Only

View Item View Item