A Model to Forecast Aircraft Operations at General Aviation airports

摘要

Forecasting the demand for aviation activities is an important task in economic planning. Traditionally, forecasting the demand for general aviation airports has been done using tend and ratio analyses. Both techniques ignore the changes in may external factors that influence aviation activities. This paper develops an econometric model that relates the number of aircraft operations at a general aviation airport to some socioeconomic characteristics and supply variables. The model was estimated using data for 82 airports in the state of Georgia.