Article ID Journal Published Year Pages File Type
1031136 Journal of Air Transport Management 2009 7 Pages PDF
Abstract

This paper describes a dynamic demand model, referred to as dynamic abstract mode model, for estimating both the short- and long-term responses of air passengers to changes in relative air-sea travel cost components in competitive markets. The implementation of the model in the competitive market of Aegean islands in Greece demonstrates the importance of considering the past volumes of air passengers and relative travel cost components to explain current air travel demand.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Strategy and Management
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