Tourist destination competitiveness and ESG performance in the airline industry

The relevance of corporate environmental, social, and governance performance (ESG) has increased significantly during the last few years. airline industry is susceptible to such practices, which explains its selection for analysis purposes in this study. This paper analyzes influence Travel & Tourism Competitiveness Index constituent factors on variables a sample leading companies worldwide with historical data available from 2013 2019. study required analyzing panel using panel-corrected standard error model. results suggest that airlines headquartered countries ideal conditions operating businesses outstanding information communication technology readiness show excellent performance. However, findings also imply heavy government sector measured by prioritization domestic travel tourism have poor Similarly, provided evidence well positioned join national air service arrangements subscribe regional trade agreements metrics. reported can be priceless policymakers designing policies enhance firms’