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RESEARCH PRODUCT

Airport Charges Policy as a Tool for Achieving Competitive Advantage in the Aviation Market

Svetlana SaksonovaKarina DjakonovaIrina Kuzmina-merlino

subject

Economic efficiencyFinanceStrategic goalBusiness goalsbusiness.industryAviationPosition (finance)Market leaderBusinessCompetitive advantageInternational airport

description

Air transportation plays an important socio-economic role, and an airport, as part of the transportation system, is a significant component of the national infrastructure. The airport is not just a provider of aviation services, whose activities are regulated by the state, but is a self-sustainable commercial complex with its own business goals and development strategy aimed at the growth and economic efficiency of operations. Strengthening its position in the Nordic region is the strategic goal of Riga International Airport. Competitive advantage in airport charges policy should contribute to the accomplishment of this strategic goal - Riga Airport should be the first choice for airport transit passengers, airlines and regional enterprises. However, although Riga Airport has a competitive advantage in charges, which are the lowest among the major competitor airports (Helsinki-Vantaa and Stockholm-Arlanda airports), it does not have a market leader position in Northern Europe.

https://doi.org/10.1007/978-3-030-44610-9_53