Market Share Model For A Multi Airport System

Because capacity at existing airports was limited and/or because the cost of congestion was becoming unacceptable, several large cities around the world have had to build a second or third major commercial airport to keep up with the demand for air transportation. Such groups of competing airports are called multi-airport systems (M.A.S.) There is extensive historical evidence suggesting that multi-airport systems have often been poorly understood, resulting in disastrous investments such as the construction of airports that remained underused for very long periods of time. The purpose of this paper is to provide a better understanding of the ways M.A.S.s function. First, we consider qualitative characteristics of multi-airport systems, showing the importance of market forces. Then, we build an airport market share model that captures the dynamics of the market, where airlines and air passengers select an airport on the basis of a broad range of factors. Case studies are carried out for several origin-destination markets out of three large metropolitan areas: New York, Washington-Baltimore, and the San Francisco Bay Area. The results show that an airport market share can be well approximated by using few explanatory variables: frequency of service and average fare at the designated airport, and average fare at competing airports. In spite of the relative simplicity of our statistical model, we obtain a good fit between observed and predicted market shares. The explanatory variables are statistically significant and the estimated elasticities (direct price, frequency, and cross-price) are consistent with intuition. We conclude by highlighting the limitations of the model and by suggesting some implications concerning the construction of new airports in metropolitan areas and the potential for regional airports to alleviate the congestion problems at large metropolitan airports.

Advances in Traffic Transportation and Civil Architecture focuses on the research of traffic infrastructure. This proceedings gathers the most cutting-edge research and achievements, aiming to provide scholars and engineers with a preferable research direction and engineering solutions as reference. Subjects in this proceedings include: - Road Engineering - Bridge Engineering - Tunneling - Construction Technology and Processes The works of this proceedings aim to promote the development of civil engineering and construction technology. Thereby, promote scientific information interchange between scholars from the top universities, research centers and high-tech enterprises working all around the world.

* The new standard on airport systems planning,design, and management * Provides solutions to the most pressing airport concerns: expansion, traffic, environment, additions, etc. * Full coverage of computer-based tools and methodology * Additional reports and updates available via authors' website

Masters Theses in the Pure and Applied Sciences was first conceived, published, and disseminated by the Center for Information and Numerical Data Analysis and Synthesis (CINDAS)* at Purdue University in 1957, starting its coverage of theses with the academic year 1955. Beginning with Volume 13, the printing and dis semination phases of the activity were transferred to University Microfilms/Xerox of Ann Arbor, Michigan, with the thought that such an arrangement would be more beneficial to the academic and general scientific and technical community. After five years of this joint undertaking we had concluded that it was in the interest of all concerned if the printing and distribution of the volumes were handled by an international publishing house to assure improved service and broader dissemination. Hence, starting with Volume 18, Masters Theses in the Pure and Applied Sciences has been disseminated on a worldwide basis by Plenum Publishing Corporation of New York, and in the same year the coverage was broadened to include Canadian universities. All back issues can also be ordered from Plenum. We have reported in Volume 38 (thesis year 1993) a total of 13,787 thesis titles from 22 Canadian and 164 United States universities. We are sure that this broader base for these titles reported will greatly enhance the value of this impor tant annual reference work. While Volume 38 reports theses submitted in 1993, on occasion, certain uni versities do report theses submitted in previous years but not reported at the time.

The break-up of BAA and the blocked takeover of Bratislava airport by the competing Vienna airport have brought the issue of airport competition to the top of the agenda for air transport policy in Europe. Airport Competition reviews the current state of the debate and asks whether airport competition is strong enough to effectively limit market power. It provides evidence on how travellers chose an airport, thereby altering its competitive position, and on how airports compete in different regions and markets. The book also discusses the main policy implications of mergers and subsidies.

The primary objective of the study was to develop an empirical model that combines the contingent valuation method (CVM) with the isochrome analysis to predict the market shares of new airports in multi-airport cities and to apply the model to the case of Lekki International Airport (LIA), the proposed second airport in Lagos, Nigeria. In addition to predicting the market share that LIA could attain, the study also identified and analyzed the catchment areas as well as the willingness to pay (WTP) of would-by LIA passengers. Furthermore, the research identified the determinants of airport choice in the Nigerian market. The CVM was used for the collection of the data ; 1,176 valid in-person interviews were conducted at Murtala Mohammed International Airport (MMIA), Lagos. Descriptive statistics and logistic regression analysis were used to predict LIA’s market share and identify the factors that influenced passengers’ choice between the existing and the proposed second airport. Further, isochrones and passenger stated preference data were analyzed for the determination of the LIA’s catchment areas for the business and non-business segments of the Nigerian market as well as the areas of spatial competition between MMIA and LIA. With regard to the passengers’ willingness to pay, the median of the WTP values was determined through descriptive statistics. The determinants of the WTP were also identified using a multiple regression analysis. Using the combination of CVM and isochrone analysis, the present research predicted that the LIA will attain 28.9% of the market share based on the contingent scenario presented to the passengers. Further, the study found that the exclusive catchment areas of LIA for business and non-business passengers were limited to two Local Government Areas (LGAs) of Lagos State. Passengers who chose LIA as their first choice were willing to pay NGN3000 (about $15 or 15% of an average domestic one-way ticket price) as additional fare to fly from the airport. However, the realization of the predicted market share will be contingent on LIA’s ability to attract airlines, remedy the isolation of the proposed airport site, and apply the appropriate pricing policy.

This book covers the analysis, modelling, planning, and design of airport landside access modes and their systems. It elaborates on the issues and related problems of airport landside accessibility in an innovative, comprehensive and systematic way. In addition to the general concept of accessibility, the book addresses the analysis and modelling of infrastructure-related, technological, operational, economic, social and environmental performance of road- and rail-based transport systems, as well as the core principles of their planning and design. The book provides guidelines on the modelling, planning, and design of airport landside access modes and their systems, which will contribute to the overall sustainable development of airports. Its main features are: presents a multidimensional examination of performance for specific airport landside access modes and their systems; pursues a qualitative and quantitative approach to developing performance indicators for estimating the sustainability of airport landside access modes and their systems; includes illustrative cases of airport landside accessibility, and numerical examples as exercises for assessing performance using the systems’ indicators. As such, the book offers a valuable source of information for all practitioners involved in analysing, planning and designing more environmentally friendly airport access modes and systems, and who want to learn how to overcome the issues and problems surrounding landside accessibility. It will also benefit students studying the analysis and modelling of transportation systems, and researchers seeking to promote improved sustainability at airports.