The Determinants of Passenger Load Factor for Chinese Airline Industry
Identification of Load Factors Determinants is an important issue for airline industry management This paper discusses the influence element of Chinese Airline Industry load factor based on the historical high frequency data. We set a SVAR model for the analysis and apply a TARCH-M model to discuss its ARCH effect Our research finds that one competitors current and lagged PLF may affect others, and branch and associated operation also affects PLFs fluctuation. For the branch companies competing in the same city, the effects of the positive impact and the negative impact are just opposite. The conclusions have important implications to the whole industry.
Passenger Load Factor(PLF) Revenue Management SVAR TARCH-M
Yun Wang Hongbing Ouyang Zongcheng Zhang
School of Economics Huazhong University of Science and Technology, HUST Wuhan, 430074, China
国际会议
北京
英文
529-533
2009-07-24（万方平台首次上网日期，不代表论文的发表时间）