6533b851fe1ef96bd12a8e1b

RESEARCH PRODUCT

Estimating the Demand for New Destinations for a Regional Airport Based on Its Catchment Area

ŢIchindelean MihaiTileaga CosminMihaiu Diana MarietaOpreana Alin

subject

050210 logistics & transportationSocial PsychologyHF5001-618205 social sciencesEconomics Econometrics and Finance (miscellaneous)Destinationsregional airportcatchment area0502 economics and businessBusiness Management and Accounting (miscellaneous)demand estimation050211 marketingBusinessBusinessCatchment areaWater resource management

description

Abstract Estimating accurately demand both at market and company level for specific goods and services can be considered a necessity for every organization. Traditional demand estimation methods may not be relevant for estimating the demand for new destinations to be introduced by a regional airport. The present paper proposes to fill this gap and to develop the demand estimation literature by presenting a novel demand estimation method. Two research objectives are developed in this regard: (1) determining the catchment area of Sibiu International Airport (a regional airport in Romania) for destinations operated by competitor airports and not by Sibiu International Airport and (2) estimating the demand for new destinations based on the identified catchment area.

10.2478/sbe-2020-0037https://doaj.org/article/0f6bfd8a627e41e5a65462d739785118