Author: Natalya Yu. Yaroshevich, Cand. Sc. (Ec.), Associate-Prof. of Enterprises Economics Dept; Tatyana S. Orlova, Dr. Sc. (Philosophy), Prof. of Enterprises Economics Dept.

Abstract: The paper considers methodological approaches to formation of hub airports in a country’s territory. Having carried out an empirical analysis of the existing approaches to the definition of hub the authors identify its main features and characteristics and present mathematical models of choosing a hub airport.

Key words: air transportation; air transportation services; hub airports; transportation process; coordination of transportation; passenger flow; costs; models of choosing a hub airport.