TITLE:
Empirical Study of Parameters of Airlines Sustainability in Nigerian Domestic Network
AUTHORS:
Chigozie Oguguo Amaechi, Callistus Chukwudi Ibe, Ejem Agwu Ejem, Geraldine Nkechinyere Okeudo
KEYWORDS:
Airlines, Passengers, Sustainability, Patronage, Competition and Flight
JOURNAL NAME:
Journal of Transportation Technologies,
Vol.12 No.3,
June
28,
2022
ABSTRACT: Sustainability was investigated in the ability to
reliably anticipate airline market share, which is critical for effective
business strategy. As a result, a model was created to address the issue of
airline market share across all Nigerian airport routes. The
model took into account the explanatory variables average fares paid by various airlines passengers, number
of competitors at each route, frequency of flight, and the total number of
enplaned passengers. The model illustrated how it may be used to determine an
airline’s sustainability. It was observed that all of the parameters in the
model were statistically significant and exhibited the predicted signs. As a
result, the market share of Nigerian airlines can assess the sustainability of
Nigerian airlines. As a result, it is proposed that the federal government and
aviation regulatory bodies provide a level playing field to all commercial
airline operators, without any kind of protectionism. Airlines’ services should
be completely deregulated, and the forces of perfect market competition should
drive the airline’s overall health. The government should provide a fair and
supportive climate for airline operators as soon as possible. The ease of doing
airline business must be implemented honestly and competitively. The degree of
competition has a detrimental impact on the airline’s market share, especially
if the airline operates in a regulated market. As a result, perfect competition
for the airline should be promoted.