Determinants of full-service carriers choices in aviation industry of Thailand

© Serials Publications Pvt. Ltd. This study applied the classifier chain maximum entropy (CC-GME) method to examine factors determining consumers' choices of full-service carriers (FSCs) in Thailand's aviation market. The CC-GME method developed to explain multi-label choice behaviors is s...

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Main Authors: Anaspree Chaiwan, Supanika Leucharusmee
Format: Journal
Published: 2018
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Online Access:https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85019600699&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/56865
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Institution: Chiang Mai University
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spelling th-cmuir.6653943832-568652018-09-05T03:36:56Z Determinants of full-service carriers choices in aviation industry of Thailand Anaspree Chaiwan Supanika Leucharusmee Business, Management and Accounting Economics, Econometrics and Finance © Serials Publications Pvt. Ltd. This study applied the classifier chain maximum entropy (CC-GME) method to examine factors determining consumers' choices of full-service carriers (FSCs) in Thailand's aviation market. The CC-GME method developed to explain multi-label choice behaviors is suitable for this study because each consumer generally chooses to travel with more than one carrier each year. The carrier choice determinants include not only consumers' demographics, but also consumers' scores on the importance of each carrier attribute toward their choices. The results show that consumers' demographics did not affect the carrier choices as much as the importance scores on carrier attributes. The carrier attribute with the highest impact was the airfares for Thai airways, Malaysia Airlines, and Bangkok Airways. In addition, the results also show that consumers who traveled with Thai Airways were more likely to also travel with Bangkok Airways and Malaysia Airlines than with other FSCs. The significance of the airfare indicates price competition and the dependence pattern of carrier choices indicates substitutability among FSCs. 2018-09-05T03:31:17Z 2018-09-05T03:31:17Z 2017-01-01 Journal 09729380 2-s2.0-85019600699 https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85019600699&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/56865
institution Chiang Mai University
building Chiang Mai University Library
country Thailand
collection CMU Intellectual Repository
topic Business, Management and Accounting
Economics, Econometrics and Finance
spellingShingle Business, Management and Accounting
Economics, Econometrics and Finance
Anaspree Chaiwan
Supanika Leucharusmee
Determinants of full-service carriers choices in aviation industry of Thailand
description © Serials Publications Pvt. Ltd. This study applied the classifier chain maximum entropy (CC-GME) method to examine factors determining consumers' choices of full-service carriers (FSCs) in Thailand's aviation market. The CC-GME method developed to explain multi-label choice behaviors is suitable for this study because each consumer generally chooses to travel with more than one carrier each year. The carrier choice determinants include not only consumers' demographics, but also consumers' scores on the importance of each carrier attribute toward their choices. The results show that consumers' demographics did not affect the carrier choices as much as the importance scores on carrier attributes. The carrier attribute with the highest impact was the airfares for Thai airways, Malaysia Airlines, and Bangkok Airways. In addition, the results also show that consumers who traveled with Thai Airways were more likely to also travel with Bangkok Airways and Malaysia Airlines than with other FSCs. The significance of the airfare indicates price competition and the dependence pattern of carrier choices indicates substitutability among FSCs.
format Journal
author Anaspree Chaiwan
Supanika Leucharusmee
author_facet Anaspree Chaiwan
Supanika Leucharusmee
author_sort Anaspree Chaiwan
title Determinants of full-service carriers choices in aviation industry of Thailand
title_short Determinants of full-service carriers choices in aviation industry of Thailand
title_full Determinants of full-service carriers choices in aviation industry of Thailand
title_fullStr Determinants of full-service carriers choices in aviation industry of Thailand
title_full_unstemmed Determinants of full-service carriers choices in aviation industry of Thailand
title_sort determinants of full-service carriers choices in aviation industry of thailand
publishDate 2018
url https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85019600699&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/56865
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