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Deregulation induced volatility of airport traffic
Airline deregulation is spreading worldwide and has important consequences for the planning, design, and management of airports. One important effect is that the overall traffic at an airport—and by extension its revenues—is much more volatile in a liberal environment. This is demonstrated by analysis of the US experience over the last 25 years. The increased risk thus associated with airport projects emphasizes the need to discard traditional, static master planning in favor of dynamic strategic planning.
Deregulation induced volatility of airport traffic
Airline deregulation is spreading worldwide and has important consequences for the planning, design, and management of airports. One important effect is that the overall traffic at an airport—and by extension its revenues—is much more volatile in a liberal environment. This is demonstrated by analysis of the US experience over the last 25 years. The increased risk thus associated with airport projects emphasizes the need to discard traditional, static master planning in favor of dynamic strategic planning.
Deregulation induced volatility of airport traffic
de Neufville, R. (author) / Barber, J. (author)
Transportation Planning and Technology ; 16 ; 117-128
1991-11-01
12 pages
Article (Journal)
Electronic Resource
Unknown
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