Air Demand in a Dynamic Competitive Context with the Automobile (2019) / Chapter Skim
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Pages 91-97
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From page 91... ...
91 Good News and Bad News It is impossible to predict the future, but, hopefully, the application of scenario analysis can help in understanding the range of possible futures for the competition between the modes of airplane and automobile for a total trip and for access to longer-distance air service. From a series of purposefully dramatic scenarios for the future, notes of optimism and notes of pessimism can be found.
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92 Air Demand in a Dynamic Competitive Context with the Automobile gains at larger airports. Arguably, this restructuring of American airline services away from the shorter-distance service commenced in the fall of 2001.
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Conclusions and Further Research 93 better-served airport rather than spend that same time in a feeder flight and its associated times. The results of the project's Hybrid Choice model show that business travelers would be willing to spend $17 to save an hour of driving time but would be willing to spend $36 to save an hour of flying time.
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94 Air Demand in a Dynamic Competitive Context with the Automobile What Has Been Learned About the Choice Between the Car and the Plane? Does Market Behavior Make Sense?
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Conclusions and Further Research 95 of the long-distance automobile trip. Compared with the explanatory power of these factors, other considerations modeled have been revealed to be relatively unimportant.
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96 Air Demand in a Dynamic Competitive Context with the Automobile Planning (Coogan et al.
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From page 97... ...
Conclusions and Further Research 97 end of the trip is a symmetrical, mirror image of the selection at the home end of the trip. At the home end of the trip, most Americans have access to an automobile, whether by owning, sharing, or borrowing it.
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