1. An econometric analysis of the Canada--Florida air passenger market
- Author
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Poteet, Craig W., Abe Harraf, Philip Weatherford, John Longshore, Poteet, Craig W., Poteet, Craig W., Abe Harraf, Philip Weatherford, John Longshore, and Poteet, Craig W.
- Subjects
- Aeronautics, Commercial Passenger traffic., Aeronautics, Commercial Chartering Florida., Aeronautics, Commercial Chartering Canada., Air travel Florida., Air travel Canada., Transports aériens Voyageurs., Transports aériens Nolisement Floride., Transports aériens Nolisement Canada., Voyages en avion Floride., Voyages en avion Canada., Aeronautics, Commercial Chartering, Aeronautics, Commercial Passenger traffic, Air travel, Canada, Florida
- Abstract
This thesis evaluates the Canada - Florida commercial air passenger market and explains fluctuations in the demand for air passenger service based on an econometric modeling process. Canada - Florida commercial air passenger traffic is segmented into those passengers flying on scheduled air services and those travelling on chartered air services. Two separate multiple regression equations are constructed to address the two segments of the Canada - Florida market. Both equations are formulated utilizing the same three independent variables. It was expected that the three chosen independent variables, Canadian GDP, a ratio of chartered air fare levels by scheduled air fare levels, and a ratio of chartered flight time by scheduled flight time, would explain the changes exhibited in air passenger enplanements and deplanements within the Canada - Florida air passenger market between 1971 and 1992. The results of the two separate multiple regression equations partially substantiated the hypothesis. The equation corresponding to chartered enplanements and deplanements proved to be highly significant while the equation corresponding to scheduled enplanements and deplanements was not as robust as the researcher anticipated.
- Published
- 2024