Balanced scorecard based performance measurement of European airlines using a hybrid multicriteria decision making approach under the fuzzy environment

DİNÇER H., Hacıoğlu Ü., YÜKSEL S.

Journal of Air Transport Management, cilt.63, ss.17-33, 2017 (SSCI) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 63
  • Basım Tarihi: 2017
  • Doi Numarası: 10.1016/j.jairtraman.2017.05.005
  • Dergi Adı: Journal of Air Transport Management
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
  • Sayfa Sayıları: ss.17-33
  • Anahtar Kelimeler: European airline industry, Multicriteria decision-making, Balanced scorecard, Fuzzy DEMATEL, Fuzzy ANP, MOORA
  • İstanbul Medipol Üniversitesi Adresli: Evet

Özet

The purpose of this study is to evaluate the performance of the European airlines, using a balanced scorecard perspective. Within this scope, a hybrid multi-criteria approach was used by combining the Fuzzy DEMATEL, Fuzzy ANP, and MOORA methods. The results demonstrate that customer dimensions and profit per customer are the most significant key factors in the balanced scorecard perspective. Additionally, the airline companies with the largest profit (per employee) and highest number of passengers and flights (per employee) had the best scores in the multidimensional performance results. Furthermore, the airline companies with the highest profitability and efficiency are more successful than other companies. Therefore, we recommend European airlines to focus on these aspects in order to improve their performance. This study makes an important contribution to literature by helping to solve a significant problem in the market with the proposed methodology.