Aeronautical revenues optimisation model (AROM) for regional airports via airside operations stochastic baseline matrix analysis / Wan Mazlina Wan Mohamed

Maximising revenues is one of the greatest challenges of regional airports especially after the introduction of deregulation and privatisation of airports with the increase of aggressive competition in the markets. The calculation of aeronautical revenues generation has always been considered as a s...

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Main Author:	Wan Mohamed, Wan Mazlina
Format:	Thesis
Language:	English
Published:	2016
Subjects:	Revenue Taxation Internal revenue
Online Access:	https://ir.uitm.edu.my/id/eprint/17634/6/17634.pdf
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id	my-uitm-ir.17634
record_format	uketd_dc
spelling	my-uitm-ir.176342022-11-22T04:37:20Z Aeronautical revenues optimisation model (AROM) for regional airports via airside operations stochastic baseline matrix analysis / Wan Mazlina Wan Mohamed 2016 Wan Mohamed, Wan Mazlina Revenue. Taxation. Internal revenue Aeronautics. Aeronautical engineering Maximising revenues is one of the greatest challenges of regional airports especially after the introduction of deregulation and privatisation of airports with the increase of aggressive competition in the markets. The calculation of aeronautical revenues generation has always been considered as a straightforward method and airport managers generally overlooked on the importance of daily operational factors such as the different flight services offered at the airports, the type of aircraft airlines utilised, time of the day the flight arrives or departs, and the number of passengers the airlines ferry in and out of their airport, types of destination and how these factors influence the generation of aeronautical revenues for their airport. The first objective of this research is to measure the airside operation factors that influence the generation of aeronautical revenues deterministically. The influential variables were determined through literature reviews and case studies of regional airports in the Netherlands and Malaysia, and were validated with regression analysis. Preliminary model was developed based on the determinants and the model was analysed using Bayesian Network theory. Thus, the research is also geared towards developing a baseline matrix using stochastic approach to analyse the effect of airside operation factors on aeronautical revenues generation as the second objective. The next objective concerns with the formulation of mathematical optimisation algorithm known as Aeronautical Revenue Optimisation Model (AROM) to generate maximum aeronautical revenues for regional airport in line with the objectives of the airport. Finally, the research embarks on developing a graphical user interface (GUI) tool based on the model to estimate the possible potential aeronautical revenues that could be generated which will be useful for airport managers in their decision making. The GUI for AROM is a user friendly tool which allows airport managers to key-in the main input parameters such as mode of operations (arrival or departure), traffic types (Schedule, Business, Charter, etc.), flights details (day or night, weekday or weekend, number of passengers, international or domestic), fleet types (aircraft weight and engine type) and type of flights (domestic or international) in order to determine the composition offlight operations that produces optimum aeronautical revenues that could be achieved. Results obtained show that the maximum revenue achieved is based on flights composition, which is more focused towards certain types of traffic types with higher frequency for each of them in contrast to the current practise of offering small number of all sorts of traffic types. The model developed in this research is flexible; it allows decision makers to set the upper bound of flight constraints. The model can also be extended to include bigger sets of flight details, for example, to have day, evening and night flight instead of just day and night. Aside from that, the parameter can also be generalised such as to consider all international flights instead of domestic and international. The traffic types can also be adjusted to include shorter or longer list of traffic types to suit the airport's services. 2016 Thesis https://ir.uitm.edu.my/id/eprint/17634/ https://ir.uitm.edu.my/id/eprint/17634/6/17634.pdf text en public phd doctoral Universiti Teknologi MARA (UiTM) Faculty of Mechanical Engineering
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
topic	Revenue Taxation Internal revenue Revenue Taxation Internal revenue
spellingShingle	Revenue Taxation Internal revenue Revenue Taxation Internal revenue Wan Mohamed, Wan Mazlina Aeronautical revenues optimisation model (AROM) for regional airports via airside operations stochastic baseline matrix analysis / Wan Mazlina Wan Mohamed
description	Maximising revenues is one of the greatest challenges of regional airports especially after the introduction of deregulation and privatisation of airports with the increase of aggressive competition in the markets. The calculation of aeronautical revenues generation has always been considered as a straightforward method and airport managers generally overlooked on the importance of daily operational factors such as the different flight services offered at the airports, the type of aircraft airlines utilised, time of the day the flight arrives or departs, and the number of passengers the airlines ferry in and out of their airport, types of destination and how these factors influence the generation of aeronautical revenues for their airport. The first objective of this research is to measure the airside operation factors that influence the generation of aeronautical revenues deterministically. The influential variables were determined through literature reviews and case studies of regional airports in the Netherlands and Malaysia, and were validated with regression analysis. Preliminary model was developed based on the determinants and the model was analysed using Bayesian Network theory. Thus, the research is also geared towards developing a baseline matrix using stochastic approach to analyse the effect of airside operation factors on aeronautical revenues generation as the second objective. The next objective concerns with the formulation of mathematical optimisation algorithm known as Aeronautical Revenue Optimisation Model (AROM) to generate maximum aeronautical revenues for regional airport in line with the objectives of the airport. Finally, the research embarks on developing a graphical user interface (GUI) tool based on the model to estimate the possible potential aeronautical revenues that could be generated which will be useful for airport managers in their decision making. The GUI for AROM is a user friendly tool which allows airport managers to key-in the main input parameters such as mode of operations (arrival or departure), traffic types (Schedule, Business, Charter, etc.), flights details (day or night, weekday or weekend, number of passengers, international or domestic), fleet types (aircraft weight and engine type) and type of flights (domestic or international) in order to determine the composition offlight operations that produces optimum aeronautical revenues that could be achieved. Results obtained show that the maximum revenue achieved is based on flights composition, which is more focused towards certain types of traffic types with higher frequency for each of them in contrast to the current practise of offering small number of all sorts of traffic types. The model developed in this research is flexible; it allows decision makers to set the upper bound of flight constraints. The model can also be extended to include bigger sets of flight details, for example, to have day, evening and night flight instead of just day and night. Aside from that, the parameter can also be generalised such as to consider all international flights instead of domestic and international. The traffic types can also be adjusted to include shorter or longer list of traffic types to suit the airport's services.
format	Thesis
qualification_name	Doctor of Philosophy (PhD.)
qualification_level	Doctorate
author	Wan Mohamed, Wan Mazlina
author_facet	Wan Mohamed, Wan Mazlina
author_sort	Wan Mohamed, Wan Mazlina
title	Aeronautical revenues optimisation model (AROM) for regional airports via airside operations stochastic baseline matrix analysis / Wan Mazlina Wan Mohamed
title_short	Aeronautical revenues optimisation model (AROM) for regional airports via airside operations stochastic baseline matrix analysis / Wan Mazlina Wan Mohamed
title_full	Aeronautical revenues optimisation model (AROM) for regional airports via airside operations stochastic baseline matrix analysis / Wan Mazlina Wan Mohamed
title_fullStr	Aeronautical revenues optimisation model (AROM) for regional airports via airside operations stochastic baseline matrix analysis / Wan Mazlina Wan Mohamed
title_full_unstemmed	Aeronautical revenues optimisation model (AROM) for regional airports via airside operations stochastic baseline matrix analysis / Wan Mazlina Wan Mohamed
title_sort	aeronautical revenues optimisation model (arom) for regional airports via airside operations stochastic baseline matrix analysis / wan mazlina wan mohamed
granting_institution	Universiti Teknologi MARA (UiTM)
granting_department	Faculty of Mechanical Engineering
publishDate	2016
url	https://ir.uitm.edu.my/id/eprint/17634/6/17634.pdf
_version_	1783733572257972224

Aeronautical revenues optimisation model (AROM) for regional airports via airside operations stochastic baseline matrix analysis / Wan Mazlina Wan Mohamed

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