This paper discusses risk management approaches in the air cargo industry. It gives a concise overview of developments, business practices and complexities of the air cargo industry and draws cross-references to comparable industries. It introduces supply contracts for capacity and the inherent...

In this paper, we provide arrival time prediction combined with a cost index optimization model for short haul flights. Our work is based on flight data of a European network carrier. We focus on predicting the arrival time for incoming flights at two hub locations. Airlines focus on two aspects...

Purpose: Large-scale projects are the typical delivery model in the engineering and construction industry, with their very own characteristics. Even though well established, only 1 in 1,000 large-scale projects is successful (Flyvbjerg, 2011). A lack of effective supply chain risk management...