1. Benchmarking Techniques and Airport Management
... and cargo traffic are considered as output. Profitability is measured in terms of revenues: revenue to expenditure ratio, profit per WLU and total profit: total assets. It is measured because Williams (2005) claims that profitability is the ultimate measure of an airport's ability to survive. Financial efficiency benchmarking is also carried out by using DEA. It measures airport charges, financial strength ... revenue and cost provide airports with crucial information regarding their monetary standing and profitability. Airports operate as a commercial organisation to maximise profitabi...
- Word Count: 2404
- Approx Pages: 10
- Has Bibliography
- Grade Level: Undergraduate