Paper Info
Title
Flights and Their Economic Impact on the Airport Catchment Area: An Application to the Italian Tourist Market
Abstract
Traditionally, in the field of air transportation management airlines have been the main actors in the process of deciding which new flights to open in a given airport, while airports acted only as the managers of the operations. The changes in the market due to the introduction of low cost companies, with the consequent reduction of airports fares, as well as the increase in density of regional and secondary airports in many European countries are modifying the mutual roles of airlines and airports. Today, the final decision on new flights to be opened is the result of a negotiation between airlines, airports, and public stakeholders. The airports must prove the sustainability of the new routes and forecast the economic impact on their catchment area. This paper contributes to advance the current state-of-the-art providing a standard methodology to analyze the economic impact of flights and new airport routes. Subsequently, the methodology is applied to the summer tourism market in Sardinia and the winter tourism market in the North of Italy, in order to verify the adaptability of our approach to different characteristics of the tourist market.
Year
DOI
Venue
2015
10.1007/s10957-014-0613-8
Journal of Optimization Theory and Applications
Keywords
Field
DocType
Multinomial logit, Simulation–optimization, Flow forecast, Economic impact, 90B15, 90B90, 90C35, 11K45
Adaptability,Mathematical optimization,Economic impact analysis,Catchment area,Multinomial logistic regression,Aviation,Tourism,Mathematics,Environmental economics,Sustainability,Negotiation
Journal
Volume
Issue
ISSN
164
3
1573-2878
Citations 
PageRank 
References 
1
0.36
8
Authors
4
Name
Order
Citations
PageRank
Guido Perboli137625.59
Marco Ghirardi29310.14
Luca Gobbato3172.85
Francesca Perfetti481.17