Aviation Finance

This research defines factors which influence a customer's decision to choose an airline in cargo markets and to analyse the importance and relationship between each of the factors. In addition, it analyses the competition between airlines by using certain key variables affecting competitiveness. Also this research analyses the productivity in major airlines in cargo markets by several factors.

Patterns such as power law and destination groups can be observed in various distributions in global and intra-national aviation and tourism. A behavioural basis, which can be a complement to the conventional statistical mechanics approach inspired by other fields, is necessary to explain the patterns and provide an integrated link between, for example, visitor mobility and the power law in the aggregated visitor distribution.

The main aims of the research project include:

The aim of this research is to obtain thorough understanding of current airline fuel policy by collecting data from an operating multi-fleet airline and carry out research among the industry, utilising computer programming to carry out risk modelling, cost-benefit analysis of the fuel management in flight operation hence propose optimisation on current fuel policy.