FACTORS INFLUENCING THE AIRPORT'S COMPETITIVE STRATEGY FORMATION

Abstract

The article is dedicated to the selection of key factors that influence the airport’s competitive strategy formation. The aspects of the "regional airport" concept definition, based on the priority of serving short and medium range routes as well as the point to point destinations, are considered. The benefits of a Hub airport model operation during the formation of the competitive development strategy are determined. The classifications of the airports proposed by the Airports Council International and the US Federal Aviation Administration were review since they are important to determine the airport’s competitive advantages. The key obstacles to the implementation of the Hub airport competitive strategy are outlined. The variations between key prototypes of hub models - Hourglass Hub and a Catchment Area Hub are described. The classification of airports competition is considered in order to improve the understanding of the factors that are important for the formation of their competitive strategy.

Keywords

• competitive strategy
• factors
• competition
• Hub airport
• infrastructure
• classification