Extreme weather events and the European aviation industry - an economic perspective

M Kreuz; Marko Nokkala

Extreme weather events and the European aviation industry - an economic perspective

M Kreuz, Marko Nokkala

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific

Abstract

This paper presents a calculation concerning the economic impacts of extreme weather events for the European aviation industry. These impacts were calculated for current situation and for future situation in 2040. Future calculations were based on climate change scenarios in terms of changes in probabilities for extreme weather events occurrence. Official figures for the value of time in the aviation industry and data from airport flight schedule as well as type of fleet were used to calculate the costs for major European airports. The airports selected also represent different climate zones, where current and future phenomena and frequency are diverging. Findings show that aviation industry is concerned with time costs affecting passengers, and costs of cancellations of flights on operators

Original language	English
Title of host publication	WCTR 2013 Selected Proceedings
Number of pages	16
Publication status	Published - 2013
MoE publication type	B3 Non-refereed article in conference proceedings
Event	13th World Conference on Transport Research, WCTR 2013 - Rio de Janeiro, Brazil Duration: 15 Jul 2013 → 18 Jul 2013

Conference

Conference	13th World Conference on Transport Research, WCTR 2013
Abbreviated title	WCTR
Country	Brazil
City	Rio de Janeiro
Period	15/07/13 → 18/07/13

Keywords

Extreme weather phenomena
time costs
socio-economic analysis
aviation industry

Access to Document

http://www.wctrs-society.com/wp-content/uploads/abstracts/rio/selected/3638.pdf

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Cite this

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abstract = "This paper presents a calculation concerning the economic impacts of extreme weather events for the European aviation industry. These impacts were calculated for current situation and for future situation in 2040. Future calculations were based on climate change scenarios in terms of changes in probabilities for extreme weather events occurrence. Official figures for the value of time in the aviation industry and data from airport flight schedule as well as type of fleet were used to calculate the costs for major European airports. The airports selected also represent different climate zones, where current and future phenomena and frequency are diverging. Findings show that aviation industry is concerned with time costs affecting passengers, and costs of cancellations of flights on operators",

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AB - This paper presents a calculation concerning the economic impacts of extreme weather events for the European aviation industry. These impacts were calculated for current situation and for future situation in 2040. Future calculations were based on climate change scenarios in terms of changes in probabilities for extreme weather events occurrence. Official figures for the value of time in the aviation industry and data from airport flight schedule as well as type of fleet were used to calculate the costs for major European airports. The airports selected also represent different climate zones, where current and future phenomena and frequency are diverging. Findings show that aviation industry is concerned with time costs affecting passengers, and costs of cancellations of flights on operators

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KW - socio-economic analysis

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