Abstract
Cost management at airlines using an econometric model that takes account of operational factors is considered. This model permits selection of the factors with the most influence on the key performance indicator. The model not only reflects the current parameter values in cost management at the company but also predicts the likelihood of bankruptcy with fluctuation in those values.
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This work was supported by ongoing institutional funding. No additional grants to carry out or direct this particular research were obtained.
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Translated by B. Gilbert
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Ermolaeva, E.N., Boldycheva, A.G. Cost Management at Airlines. Russ. Engin. Res. 43, 1613–1616 (2023). https://doi.org/10.3103/S1068798X23120109
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DOI: https://doi.org/10.3103/S1068798X23120109