Determinants of Ticket Prices in Turkish Aviation Industry
Küçük Resim Yok
Tarih
2017
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
In this paper, we investigate the determinants of ticket prices in the Turkish aviation sector by mainly focusing on the role ofcompetition using both cross-sectional and panel data approaches. Our results indicate that while the main determinant of the cross-sectional variation in average ticket prices is the distance of route; the degree of competition, flight frequency and plane capacity havestatistically significant relationships with daily ticket prices alongside the distance. However, the set of determinants depend on the locationof flight destination. For routes with a domestic destination, our results indicate that price levels are negatively affected from the degree ofcompetition, exchange rate and crude oil price. On the other hand, ticket prices for routes with international destinations are negatively andsignificantly relate to flight frequency and plane capacity while the degree of competition does not exhibit a statistically significantrelationship.
Açıklama
Anahtar Kelimeler
Kaynak
Journal of Yasar University
WoS Q Değeri
Scopus Q Değeri
Cilt
12
Sayı
48
