Engineering topics
Publications and source records attributed to Taneja, N..
A study was conducted to determine the demand for and the economic factors involved in air transportation in a low and medium density market. The subjects investigated are as follows: (1) industry and market structure, (2) aircraft analysis, (3) economic analysis, (4) field surveys, and (5) computer network analysis. Graphs are included to show the economic requirements and the aircraft performance characteristics.
The major developments are outlined in the U.S. scheduled air transport industry both domestic and international, together with a brief history of the European air transport system. The role and formulation of the U.S. Civil Aeronautics Board, International Civil Aviation Organization, and International Air Transport Association are also covered.
Although the presentation will touch upon the areas of market for air transportation, the theoretical foundations of the demand function, the demand models, and model selection and evaluation, the emphasis of the presentation will be on a qualitative description of the factors affecting the demand for air transportation. The presentation will rely heavily on the results of market surveys carried out by the Port of New York Authority, the University of Michigan, and Census of Transportation.
The basic techniques of forecasting the air passenger traffic are outlined. These techniques can be broadly classified into four categories: judgmental, time-series analysis, market analysis and analytical. The differences between these methods exist, in part, due to the degree of formalization of the forecasting procedure. Emphasis is placed on describing the analytical method.