Assortment of Airports’ Sustainability Strategy: A Comprehensiveness Analysis Framework

Abstract

Global sustainability challenges are transforming 21st century business. Economic, social, and environmental sustainability impacts regulatory agencies and enterprises, particularly in the air transport industry, which facilitates access to productive services and market linkage. Stakeholders, shareholders, consumers, employees, and society are increasingly pressuring businesses to examine their socioeconomic consequences and manage them sustainably and resiliently. In this competitive and economically sensitive climate, good management is a primary responsibility for airport operators and authorities, as well as national and local economies. An assessment tool for airport strategic plans is developed in this research. Corporate activities can encourage responsible infrastructure development and company sustainability. The assessment methodology is based on a comparative analysis between airports and regulatory authorities’ threshold. The role of sustainability in the air transport business ecosystem is depicted using a systemic approach, demonstrating that its relationship to business performance is a significant barrier to business resilience and competition for planners, managers, and decision makers. The numerical application considers a group of European, U.S, and Asian airports serving international flights. Conventional wisdom is to provide the evaluation analysis framework for planning and managing capital-intensive transport hubs such as airports.