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 analys...

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Veröffentlicht in:Transportation planning and technology 1991-11, Vol.16 (2), p.117-128
Hauptverfasser: de Neufville, R., Barber, J.
Format: Artikel
Sprache:eng
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Zusammenfassung: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.
ISSN:0308-1060
1029-0354
DOI:10.1080/03081069108717476