Critical Review and Analysis of Air-Travel Demand

Abstract

Demand forecasting may be the most critical factor in the development of airports and airline networks. This chapter reviews various approaches used to forecast air travel and airport demand forecasting. It classifies existing methods according to the modeling approach used to evaluate the available data; then, the forecasting approaches are viewed in relation to data requirements. Finally, a new matrix classification scheme is introduced that combines both the data available and the technique used to evaluate this data in a more concise and manner.