<abstract xmlns="http://www.w3.org/1999/xhtml"><p>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.</p></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.

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

Studies in Business and Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Estimating accurately demand both at market and company level for specific goods and services can be considered a necessity for every organization. Traditional...

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

Published Online: Oct 11, 2020

Page range: 230 - 242

DOI: https://doi.org/10.2478/sbe-2020-0037

Keywords
demand estimation, catchment area, regional airport

© 2020 Ţichindelean Mihai et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

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

Published Online: Oct 11, 2020

Page range: 230 - 242

DOI: https://doi.org/10.2478/sbe-2020-0037

Keywordsdemand estimation, catchment area, regional airport

© 2020 Ţichindelean Mihai et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
demand estimation, catchment area, regional airport