Fare policies and a markup application based on airport cost
DOI:
https://doi.org/10.14295/transportes.v27i1.1640Keywords:
Airport, Regulation, Fares, Markup.Abstract
The experience gained by developed countries shows that airport administrators seeks to increase their profitability, and regulatory agencies aims to guarantee quality, investment and fair rates. States that are interested in having self-sustaining airports find in the regulations for the private initiative or mixed capital society the change they want. With the goal of developing an aeronautical fare pricing model based on airport cost, this paper presents an application of the Tornqvist index and the markup pricing method to find the market price opportunity. One of the specific goals is to compare the financial results based on ANAC Resolution No. 350/14 with the results obtained in the proposed model. For the forecast of demand with the new price of the fare, it was used the concept of elasticity. The scenario used was Campinas / Viracopos Airport, from January 2014 to March 2017. During the quarter in which there are no infrastructure construction costs, the price of the fare is 0.04% higher than the fare ceiling envisaged by ANAC. An independent method based on cost and market opportunity, but on which the financial statement should be audited, is shown to be promising in terms of increasing airport revenue. Establishing qualitative parameters may be the best option to ensure the quality of social welfare for passengers, and if these goals are not achieved, then fines can be applied to the airport administrator.
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