External shocks and efficiency changes in the US airline industry

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The US airline industry has experienced severe turbulence during the recent decade. The September 11 terrorist attack (9/11) was the greatest shock at the beginning of the 2000s. Recently, the dramatic increase in fuel costs emerged as another shock to the industry. To understand the effects of these two major events, this study investigated the cross-sectional efficiency of the US airline industry and its changes using the data envelopment analysis technique. The primary findings suggest that 9/11 affected the network carriers (NCs) more severely than the low-cost carriers (LCCs), while fuel costs more seriously influenced the LCCs than the NCs.
Publisher
ROUTLEDGE JOURNALS
Issue Date
2011-11
Language
English
Article Type
Article
Keywords

DATA ENVELOPMENT ANALYSIS; SLACKS-BASED MEASURE; LOW-COST-CARRIERS; PERFORMANCE; DEA; SEPTEMBER-11; PRODUCTIVITY; TAIWAN; IMPACTS; HOTELS

Citation

SERVICE INDUSTRIES JOURNAL, v.31, no.14, pp.2411 - 2435

ISSN
0264-2069
DOI
10.1080/02642069.2010.504819
URI
http://hdl.handle.net/10203/101592
Appears in Collection
MT-Journal Papers(저널논문)
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