AN AIRLINE-BASED MULTILEVEL ANALYSIS OF AIRFARE ELASTICITY FOR PASSENGER DEMAND

Lorenzo Castelli · Walter Ukovich A · Raffaele Pesenti

24 citations0/0 files storedNASA Technical Reports Server (NASA)

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Aviation Industry Analysis and Trends Consumer Market Behavior and Pricing Transport and Economic Policies

Abstract

Price elasticity of passenger demand for a specific airline is estimated. The main drivers affecting passenger demand for air transportation are identified. First, an Ordinary Least Squares regression analysis is performed. Then, a multilevel analysis-based methodology to investigate the pattern of variation of price elasticity of demand among the various routes of the airline under study is proposed. The experienced daily passenger demands on each fare-class are grouped for each considered route. 9 routes were studied for the months of February and May in years from 1999 to 2002, and two fare-classes were defined (business and economy). The analysis has revealed that the airfare elasticity of passenger demand significantly varies among the different routes of the airline.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 24 citations exist upstream.

References

2005Concepts of Price Elasticities of Transport Demand and Recent Empirical Estimates: An Interpretative Survey 2002Price elasticities of demand for passenger air travel: a meta-analysis 1997A demand model for scheduled airline services on international European routes 2000The propensity of business travellers to use low cost airlines 2001An econometric analysis of international air travel demand in Saudi Arabia 1983A service quality model of air travel demand: An empirical study 2002A meta-analysis of price elasticities of transport demand in a journal equilibrium framework 1989An econometric air travel demand model for the entire conventional domestic network: The case of Norway

Cited by

2009Recent developments in demand forecasting for airline revenue management 2021Price elasticity estimation for deep learning-based choice models: an application to air itinerary choices 2014Key Drivers for Differentiated Airport Passenger Service Charges

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.