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Relationship between Airline Ticket Price, Demand and Business Model: A Worldwide Analysis

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dc.contributor.authorKAYHAN, Selçuk
dc.contributor.authorKİRACI, Kasım
dc.contributor.authorYAŞAR, Mehmet
dc.date.accessioned2026-01-04T19:14:39Z
dc.date.issued2023-09-29
dc.description.abstractThe aim of this study is to reveal the relationship between the average price per passenger and the number of passenger of airlines. In the study, we analyzed the average price per passenger and number of passenger data of airlines for the period 2013-2022 using panel data analysis. We applied a panel regression model in the sample of all airlines. Therefore, we conducted the analysis using 4194 observations in the sample of all airlines. In addition, in the study, we divided the airlines into different groups according to their business model. In this context, we have classified airlines as Network carriers, Low-cost carriers, Charter carriers and Regional carriers. The findings of the study show that there is a reaction in the number of passengers against the change in the average price per passenger. The results of the analysis revealed that there is a significant and negative relationship between ticket price and airline demand but there are elasticity differences according to the business model.
dc.description.urihttps://doi.org/10.52791/aksarayiibd.1234849
dc.description.urihttps://hdl.handle.net/20.500.12451/11265
dc.identifier.doi10.52791/aksarayiibd.1234849
dc.identifier.eissn2687-3427
dc.identifier.endpage218
dc.identifier.openairedoi_dedup___::63fc09d85bc683bdea0eb158236c0e28
dc.identifier.orcid0000-0001-9291-4528
dc.identifier.orcid0000-0002-2061-171x
dc.identifier.orcid0000-0001-7237-4069
dc.identifier.startpage211
dc.identifier.urihttps://hdl.handle.net/20.500.12597/41065
dc.identifier.volume15
dc.publisherAksaray University
dc.relation.ispartofAksaray Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
dc.rightsOPEN
dc.subjectTicket Price
dc.subjectHavayolu Talebi
dc.subjectBilet Fiyatı
dc.subjectBusiness Model
dc.subjectPanel Data
dc.subjectPanel Veri Analizi
dc.subjectAirline Demand
dc.titleRelationship between Airline Ticket Price, Demand and Business Model: A Worldwide Analysis
dc.typeArticle
dspace.entity.typePublication
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