Evaluating the Success Factors for Development and Sustenance of Low-Cost Regional Airports in India using Fuzzy Multi-Criteia Decision Making Method
Evaluating the Success Factors for Development and Sustenance of Low-Cost Regional Airports in India using Fuzzy Multi-Criteia Decision Making Method
Author(s): Mukesh Mohan Pandey, D.P. SINGH, R. JAYRAJ, K.V. DAMODHARANSubject(s): Economy, Business Economy / Management, Accounting - Business Administration
Published by: Reprograph
Keywords: low-cost airport; low-cost airlines; success factors; fuzzy multi-criteria decision making; airport strategic planning;
Summary/Abstract: The current study attempts to evaluate the success factors for development and sustenance of low-cost regional airports in India. The Fuzzy multi-criteria decision making (MCDM) method has been utilized for the above pertaining. The findings of the study exhibit the importance to keep low investment cost in the development, low levies from the airport users’ efficient airport operations and due diligence prior to development to measure the demand for air transport effectively. The paper fulfills thegap in the literature by integrating the stakeholder's view in low-cost regional airport development. Methodically, the paper contributes by developing and demonstrating the application of the Fuzzy based MCDM model for evaluation of the success factors for low-cost regional airport development.
Journal: Journal of Applied Economic Sciences (JAES)
- Issue Year: XIII/2018
- Issue No: 55
- Page Range: 89-100
- Page Count: 12
- Language: English