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Title: Airfare Distribution by Trip Purpose
Accession Number: 01594402
Record Type: Component
Record URL: Availability: Find a library where document is available Abstract: Airfares are an important input to air travel demand forecasting and other analyses, but there is no readily available source of data on how airfares vary by trip purpose in any given market. This paper presents the results of an analysis of the distribution of airfares by trip purpose for U.S. domestic air trips. The analysis will be used for developing a procedure to estimate the average airfare by trip purpose in any given domestic air travel market. The analysis combines the results of a nationwide survey of air travelers who reported the details of their most recent domestic paid air trips with airfare data from the U.S. Department of Transportation’s 10% airline origin and destination survey. This approach gave generic distributions of the airfare paid in any given market for business and personal trips, expressed as a ratio of the average airfare in that market for all paid trips, which can be obtained from the airline origin and destination survey data. The paper describes how the results of the analysis can be used to generate the distributions of airfares and average airfares for business and personal trips in any given market and discusses future research needed to confirm and expand the analysis results and procedure presented in the paper.
Monograph Title: Monograph Accession #: 01594374
Report/Paper Numbers: 16-5955
Language: English
Authors: Gosling, Geoffrey DLandau, StevenAdler, ThomasFowler, MarkPagination: pp 16–23
Publication Date: 2016
ISBN: 9780309369718
Media Type: Print
Features: Figures
(5)
; References
(9)
; Tables
(2)
TRT Terms: Subject Areas: Aviation; Finance; Planning and Forecasting
Files: TRIS, TRB, ATRI
Created Date: Jan 12 2016 6:38PM
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