Are on-time performance statistics worthless? An empirical study of the flight scheduling strategies of Brazilian airlines. (January 2021)
- Record Type:
- Journal Article
- Title:
- Are on-time performance statistics worthless? An empirical study of the flight scheduling strategies of Brazilian airlines. (January 2021)
- Main Title:
- Are on-time performance statistics worthless? An empirical study of the flight scheduling strategies of Brazilian airlines
- Authors:
- Eufrásio, Ana Beatriz R.
Eller, Rogéria A.G.
Oliveira, Alessandro V.M. - Abstract:
- Highlights: We develop a method to decompose the extra schedule block times into operational and strategic factors. We estimate the impact of extra times on flight delays, allowing for the moderation effects. We test the hypothesis of the existence and effectiveness of schedule padding. Abstract: Airlines may manage their on-time performance by lengthening schedules with engineered increases in planned flight times. We develop an econometric model of high dimensional sparse (HDS) regression to decompose the extra schedule block times into operational and strategic factors. We estimate the impact of extra times on flight delays, allowing for the moderation effects of runway congestion, slots, and propagated delay. We test the hypothesis of the existence and effectiveness of schedule padding practices. We find that a 2012 on-time disclosure rule may have induced carriers' padding behavior. In contrast, slot regulation may prevent the formation of extra block times.
- Is Part Of:
- Transportation research. Volume 145(2021)
- Journal:
- Transportation research
- Issue:
- Volume 145(2021)
- Issue Display:
- Volume 145, Issue 2021 (2021)
- Year:
- 2021
- Volume:
- 145
- Issue:
- 2021
- Issue Sort Value:
- 2021-0145-2021-0000
- Page Start:
- Page End:
- Publication Date:
- 2021-01
- Subjects:
- Airlines -- Schedule padding -- On-time performance -- Econometrics -- LASSO regression
D22 -- L11 -- L93
Logistics -- Periodicals
Transportation -- Periodicals
388.011 - Journal URLs:
- http://www.sciencedirect.com/science/journal/13665545 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.tre.2020.102186 ↗
- Languages:
- English
- ISSNs:
- 1366-5545
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 9026.274640
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 22535.xml