Abstract
Speed economy, proposed by Japanese scholars Masaki Tamura, refers to get the cost savings flow by accelerating the transaction process [1], which brings the a large market space to the cargo/express delivery industry [2]. Due to the rapidly growth of China air cargo/express market and the ongoing increasingly opening up of the sky, inter-national cargo/express giants have set up their hubs in China. The arrival of these global logistics integrators has brought a lot of influence to the development of airport. Hereinto, the unbalance between the scales of China cargo hubs and the rapid demand of air cargo/express development, the cooperation model of airports and air cargo/express have become the most urgently issue to explore. Therefore, on the basis of airport and airway co-competition analysis, the characteristics of the air cargo supply chain, and the airports and cargo airlines supply chain behavior, this paper will use the non-co- operative game of principal-agent model and the cooperative game model to analysis the revenue distribution of airport and cargo airway on the supply chain, this paper applies the cooperative game theory within a supply chain to analyze the cooperation model of airports and air cargo/express, so as to makes strategy suggestions on airport development.
Highlights
Since 1978, the freight business has changed tremendously
On the basis of airport and airway co-competition analysis, the characteristics of the air cargo supply chain, and the airports and cargo airlines supply chain behavior, this paper will use the non-cooperative game of principal-agent model and the cooperative game model to analysis the revenue distribution of airport and cargo airway on the supply chain, this paper applies the cooperative game theory within a supply chain to analyze the cooperation model of airports and air cargo/express, so as to makes strategy suggestions on airport development
Reviewed from the latest literatures, the studies center on International Air-Transport Hub are mostly about the site factors, there are no research on the relationship between hub airports and the cargo airways
Summary
One man, Fred Smith, believed that mixing passengers’ traffic with freight traffic was not the future because he believed route patterns for passengers and cargo were different [3]. He created FedEx in 1973 and started earning profits by his third year, and a new model, “Hub & Spoke System”, so as to full fill his idea of providing overnight service. This is the origin of hub in air transportation. The International Air-Transport Hub refers to the international air cargo/express hub
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