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
  • Aircraft Behavior: Aircraft behavior refers to the way an aircraft responds to external stimuli such as changes in altitude, airspeed, and atmospheric conditions. It is influenced by various factors such as the design of the aircraft, its weight and balance, ... Read More >>
  • Investigation: Investigation in aviation refers to the process of examining and analyzing an aviation incident or accident to determine its causes and contributing factors. The investigation is conducted by a team of experts who gather and analyze data fr ... Read More >>
  • Balloons: Balloons are lighter-than-air aircraft that rely on the principle that hot air rises and cold air sinks. They are typically made of nylon or polyester and are filled with heated air or a gas such as helium. Balloons are used for recreationa ... Read More >>
Top News

Four quarterbacks Georgia could target in transfer portal...

After Georgia Bulldogs quarterback Carson Beck's injury in the SEC championship, Georgia fans experienced a Georgia offense without Beck. Gunner Stockton performed admirably in his absence. The Bulldo...

News Source: USA Today on 2024-12-11

I've flown on the Airbus jet Alaska will fly to Tokyo. It was a comfortable ride...

Airfare to Japan has decreased since 2023, and Alaska's new route will boost competition and likely further lower ticket prices to Tokyo....

News Source: Business Insider on 2024-12-10

Notre Dame’s Marcus Freeman is a finalist for a national coaching award...

You had to see this coming, with Notre Dame football reeling off 10-straight wins and making the College Football Playoff, head coach Marcus Freeman was bound to get some national recognition. Followi...

News Source: USA Today on 2024-12-10

A Southwest jet and a small plane wound up on the same runway after being cleare...

A Southwest Airlines jet and a small plane wound up on the same runway in California in October after an air traffic controller cleared both planes to land on the same runway...

News Source: ABC News on 2024-12-10

Truck drivers in Mexico block major highways to protest the government's failure...

Truck drivers have blocked some major highways in central Mexico to protest the fact the government hasn't paid them for work they did on a tourist train line...

News Source: ABC News on 2024-12-10