Demand Forecasting


Demand forecasting is the process of estimating the future demand for a product or service. In aviation, demand forecasting is used to predict the number of passengers that will travel on a particular route or through a particular airport. This information is used by airlines and airports to make decisions about capacity planning, pricing, and marketing. Demand forecasting takes into account a variety of factors, including historical data, economic trends, seasonality, and special events. Accurate demand forecasting is essential for airlines and airports to optimize their operations and maximize revenue.


Your Previous Searches
Random Picks

  • Airline Transport Pilot License: Airline Transport Pilot License (ATPL) is the highest level of aircraft pilot certification. It allows the holder to act as the pilot-in-command (PIC) of an aircraft in commercial air transportation and to receive remuneration for it. To ob ... Read More >>
  • Consumables: Consumables refer to the items that are used up or depleted during the operation of an aircraft. These items include but are not limited to fuel, oil, hydraulic fluid, oxygen, food, and beverages. Consumables are an essential part of aircra ... Read More >>
  • Aeronautical Charts: Aeronautical charts are maps specifically designed to meet the requirements of pilots and air navigators. They provide information on terrain, airspace, navigation aids, and other features that are important for safe flight operations. Aero ... Read More >>
Top News

JPMorgan Chase, Advanced Micro Devices fall; Progressive, Exxon Mobil rise, 4/12...

Stocks that are trading heavily or have substantial price changes on Friday: JPMorgan Chase, Advanced Micro Devices fall; Progressive, Exxon Mobil rise...

News Source: ABC News on 2024-04-12

Boeing execs were using the company's private jets for personal trips more than ...

Boeing execs cost the company an additional $545,520 in personal travel in 2021 and 2022 than was previously reported, according to a new SEC filing....

News Source: Business Insider on 2024-04-12

Mavericks vs. Pistons: How to watch online, live stream info, game time, TV chan...

P.J. Washington and the Dallas Mavericks (50-30) square off against the Detroit Pistons (13-67) at American Airlines Center in Dallas, Texas on Friday, April 12 at 8:30 PM ET.The Mavericks head int…...

News Source: USA Today on 2024-04-12

Is the Marriott Bonvoy Brilliant Amex worth the annual fee? Here’s how to deci...

The Marriott Bonvoy Brilliant® American Express® Card comes with a few valuable benefits for Marriott Bonvoy loyalists who are after status to travel in style and a free night award to help them sav...

News Source: Fortune on 2024-04-12

United Airlines flight attendants picketed at over a dozen airports worldwide af...

United Airlines CEO Scott Kirby made $18.5 million last year — about 264 times more than the average flight attendant....

News Source: Business Insider on 2024-04-12