The growth in demand for air transport and budget constraints put the pressure on airport development. Therefore, airports worldwide need to finance themselves and look for better managerial tools to improve airport efficiency. Business models and business model innovations as a means of strategic management are proved to have positive impacts on performance. However, the studies relating to airport business models are scarce and lack scholarly attention, especially in the contexts of small airports. Consequently, to bridge the gap in the literature, the dissertation’s goal is to design business models and propose business model innovations using a case study of local and regional airports in Thailand.
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Thanavutd Chutiphongdech (2021) studied this question.
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