Improving schedule reliability based on copulas: An application to five of the most congested US airportsq

Improving schedule reliability based on copulas: An application to five of the most congested US airportsq

Journal: Air Transport Management

Author: Tony Diana

Published: 2011

Abstract

This study, based Newark Liberty International, New York John F. Kennedy, New York LaGuardia, Chicago O’Hare International and San Francisco International in the US, provides a perspective on the predictability of on-time performance evaluation by applying an actuarial and financial method called copula. It is common for the percentage of on-time gate arrivals to be portrayed in daily news as an indicator of schedule reliability. However, the degree of interdependency between gate arrival delays and block delays may provide some indication of schedule reliability.

Keywords: Copula, Aircraft delays, Airline schedule reliability, On-time airline performance

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