Author: Yafei Zheng
Publisher: Routledge
ISBN: 1351215493
Category : Business & Economics
Languages : en
Pages : 156
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Book Description
This book provides an updated, concise summary of forecasting air travel demand methodology. It looks at air travel demand forecasting research and attempts to outline the whole intellectual landscape of demand forecasting. It helps readers to understand the basic idea of TEI@I methodology used in forecasting air travel demand and how it is used in developing air travel demand forecasting methods. The book also discusses what to do when facing different forecasting problems making it a useful reference for business practitioners in the industry.
Author: Yafei Zheng
Publisher: Routledge
ISBN: 1351215485
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
This book provides an updated, concise summary of forecasting air travel demand methodology. It looks at air travel demand forecasting research and attempts to outline the whole intellectual landscape of demand forecasting. It helps readers to understand the basic idea of TEI@I methodology used in forecasting air travel demand and how it is used in developing air travel demand forecasting methods. The book also discusses what to do when facing different forecasting problems making it a useful reference for business practitioners in the industry.
Author:
Publisher:
ISBN:
Category : Aeronautics, Commercial
Languages : en
Pages : 196
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Book Description
Introduction: One of the key problems in the analysis and planning of any transport properties and facilities is estimating the future volume of traffic that may be expected to use these properties and facilities. Estimates of this kind are now being made regularly as the transport system continues to expand. The future planning, implementation and operation of a successful transportation system requires accurate and realistic forecasts of traffic volumes. To achieve optimal policies, the planner needs to be able to predict the effect of alternate decisions. Although the planning process involves much more than a forecast of the future traffic statistics, these statistics provide the essential quantitative dimensions for the planning process. Forecasts of expected traffic are an essential prerequisite to long-range planning. The link between planning and forecasting lies in recognizing that in order to bring an expected situation under control, the planner must be provided with the entire spectrum of situations that could be anticipated and, hence, could be planned for. The reasonableness and reliability of these traffic statistics is, therefore, of vital importance to the planner. This study investigates the North Atlantic passenger travel demand. The final goal is to make a forecast of the passenger traffic on this route. It is believed that such a forecast would prove to be a critical tool for long-range planning of transport properties and facilities on both sides of the Atlantic. For this reason, it is important to be well informed about the technical and economic factors which will determine and limit the travel volume, especially for manufacturers of aircraft, domestic and international airlines, and the government. Governments, for example, must be provided with traffic forecasts if they are to provide adequate ground facilities and air traffic control systems.
Author: Richard Nelson Winter
Publisher:
ISBN:
Category : Aeronautics, Commercial
Languages : en
Pages : 124
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Book Description
Author:
Publisher: Transportation Research Board
ISBN: 0309214009
Category : Traffic estimation
Languages : en
Pages : 170
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Book Description
TRB’s National Cooperative Highway Research Program (NCHRP) Report 716: Travel Demand Forecasting: Parameters and Techniques provides guidelines on travel demand forecasting procedures and their application for helping to solve common transportation problems.
Author: Ronald E. Miller
Publisher:
ISBN:
Category : Transportation
Languages : en
Pages : 206
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Book Description
Author: Richard T. Carson
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
We analyze whether it is better to forecast air travel demand using aggregate data at (say) a national level or whether one should aggregate forecasts derived for individual airports using airport-specific data. We compare the U.S. Federal Aviation Administration's (FAA) practice of predicting the total number of passengers using macro economic variables with an equivalently specified AIM (aggregating individual markets) approach. The AIM approach outperforms the aggregate forecasting approach in terms of its out-of-sample air travel demand predictions for different forecast horizons. Variants of AIM, where we restrict the coefficient estimates of some explanatory variables to be the same across individual airports, generally dominate both the aggregate and the AIM approaches. The superior out-of-sample performance of these so-called quasi-AIM approaches depend on the trade-off between heterogeneity and estimation uncertainty. We argue that the quasi-AIM approaches efficiently exploit the heterogeneity across individual airports without suffering from as much estimation uncertainty as the AIM approach.
Author: Nawal K. Taneja
Publisher: Free Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 264
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Book Description
Author: Michael P. Clements
Publisher: OUP USA
ISBN: 0195398645
Category : Business & Economics
Languages : en
Pages : 732
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Book Description
Greater data availability has been coupled with developments in statistical theory and economic theory to allow more elaborate and complicated models to be entertained. These include factor models, DSGE models, restricted vector autoregressions, and non-linear models.
Author: Marc Gelhausen
Publisher: Academic Press
ISBN: 0128126574
Category : Social Science
Languages : en
Pages : 338
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Book Description
Capacities, Capacity Constraints and Capacity Reserves of Airports, Today and in the Future analyzes airport capacity constraints with empirical methods that forecast future capacities and their capacity shortfalls. When predicting the future of air traffic development, it is imperative for researchers and planners to possess the most accurate data for airport capacity constraints. The book discusses in detail the importance of airport capacity constraints on air traffic development, especially for international hubs, along with mitigation strategies for already packed airports. The book analyzes cross-sectional time-series data to provide greater insight into the problems of airport crowding and over-capacity. The authors go beyond mere strategies to derive capacity, adding estimates for comparable capacities and capacity constraints of airports worldwide. As expanding current airports becomes increasingly difficult, and time consuming-especially for hub-the study of current and future airport capacity constraints becomes ever more needed. Large international airports are especially essential to the global air transport network. The book provides insight into correctly assessing and quantifying the problem of limited airport capacity, while offering strategies for overcoming these issues for a healthy global air traffic network. Focuses on airport capacity constraints in the global air traffic network and their implications for the future of air traffic development Features empirical and model-based approaches that forecast airport capacities and capacity shortcomings Provides over capacity mitigation strategies based on sound and reliable data and methodology Addresses capacity constraints at hub airports, providing insight into correctly assessing and quantifying limited capacity for these important players in the global air transportation network Applies econometric models for the implication of restraining factors on the future volume and structure of air traffic
