A Comparative Analysis on Factors Affecting Functioning of Airports in India

Abstract

Airport is one of the most complex facilities which link various business units to achieve their roles within the air transport industry. Individuals travel frequently as they get wealthier. That means economic fortune causes more demand for travel. In the case of aviation industry, this pattern is enhanced by propel innovation, cost efficiencies and solid rivalry inside the business, which have conveyed air travel inside the compass of numerous individuals.
The chief objective of this study is to examine the factors affecting functioning of Mumbai, Pune, Lucknow, Kanpur, Ranchi and Rourkela airports in India and recognize opportunities for improving airport performance. The multiple regression model is applied to find the relationship between demands i.e. number of passengers and its determinants. As the coefficients of factors such as Economic condition, occupation and Income of passenger, Population of the place, Connectivity to other cities, Accessibility to the airport and Safety and security at the airport gets higher values, they affects more in functioning of the airport. In similar way the coefficients of factors such as Place of Residency, Air fares, No. of Airlines in function, Frequency of flights, Airport Infrastructure, psychological parameters (fear of flying, willingness to pay, attitude, etc) gets low values, they affects less in functioning of the airport.
The findings of this study suggest that air transport demand can be enhanced significantly when the price of competing service, population and income increases and airfare decreases. Thus the administrative associations (Airport Authority of India) ought to have a consolidated arrangement to upgrade the benefit acquired through the advancement of the national economy and the population development.