Forecasting traffic at smaller airports in a free market environment

RE Caves - Transportation research record, 1993 - trid.trb.org
RE Caves
Transportation research record, 1993trid.trb.org
Many small airports in the United Kingdom are competing for traffic. Ideally, forecasts for
these airports should be made by applying behavioral models of airport choice to national
forecasts. Although the UK Civil Aviation Authority has attempted this approach, it is difficult
to retain sufficient accuracy to deal with the smaller airports. A two-stage method of analysis
has been proposed that combines the simplicity of a" step-down" method with the accuracy
of discrete choice models. The stability of regional shares of national traffic has been …
Many small airports in the United Kingdom are competing for traffic. Ideally, forecasts for these airports should be made by applying behavioral models of airport choice to national forecasts. Although the UK Civil Aviation Authority has attempted this approach, it is difficult to retain sufficient accuracy to deal with the smaller airports. A two-stage method of analysis has been proposed that combines the simplicity of a" step-down" method with the accuracy of discrete choice models. The stability of regional shares of national traffic has been demonstrated for subcategories of traffic. The adequacy of discrete choice models to predict local airport shares, when applied to traffic generated within a region, has also been demonstrated by means of a case study. The two-stage approach is therefore recommended for consideration by airports wishing to determine their potential traffic in a competitive market.
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