Copy For Citation
Ölçen O., Toraman Y., Oz T.
Acta Tecnología, vol.11, no.2, pp.63-73, 2025 (Peer-Reviewed Journal)
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Publication Type:
Article / Article
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Volume:
11
Issue:
2
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Publication Date:
2025
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Doi Number:
10.22306/atec.v11i2.258
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Journal Name:
Acta Tecnología
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Page Numbers:
pp.63-73
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Istanbul Gelisim University Affiliated:
Yes
Abstract
Civil aviation activities are open to various ambiguities regarding air traffic flow. Small changes in political, economic and technological bodies of civil aviation can change the direction of air traffic flow and air navigation. Likewise, the civil aviation industry and its dependent branch air logistics lived through hard times during the COVID-19 period. The airlines, airports, and service providers suffered from a lot of negativities. It was an expected result for Air Traffic Flow Management to come near a financial crisis with capacity deficiencies. This paper aims to investigate this period of 2017-2021 one more time, but with a slightly different simulation methodology which assumes the period lasted for 300 years and with specific variables of Return on Investment (ROI), Return on Assets (ROA), Return on Equity (ROE), Capital Expenditures (CAPEX) and Operational Expenditures (OPEX) in Air Navigation Service Provider Industry of Europe. According to findings, geographical location (for Central Europe, Turkey, the Mediterranean region and the United Kingdom) and the situation of states regarding development, routes and the situation of airports are the main variables of profitability and investment structures of Air Navigation Service Providers. It also concluded that the financial and economic situation of Air Navigation Service Providers in Europe cannot be changed considering these variables if this period continues for 300 years because of air the main air traffic routes and airflow order of Europe.