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http://dx.doi.org/10.12985/ksaa.2019.27.3.098

Forecast and Review of International Airline demand in Korea  

Kim, Young-Rok (한서대학교 항공운항관리학과)
Publication Information
Journal of the Korean Society for Aviation and Aeronautics / v.27, no.3, 2019 , pp. 98-105 More about this Journal
Abstract
In the past 30 years, our aviation demand has been growing continuously. As such, the importance of the demand forecasting field is increasing. In this study, the factors influencing Korea's international air demand were selected, and the international air demand was analyzed, forecasted and reviewed through OLS multiple regression analysis. As a result, passenger demand was affected by GDP per capita, oil price and exchange rate, while cargo demand was affected by GDP per capita and private consumption growth rate. In particular, passenger demand was analyzed to be sensitive to temporary external shocks, and cargo demand was more affected by economic variables than temporary external shocks. Demand forecasting, OLS multiple regression analysis, passenger demand, cargo demand, transient external shocks, economic variables.
Keywords
Demand Forecasting; OLS Multiple Regression Analysis; Passenger Demand; Cargo Demand; Transient External Shocks; Economic Variables;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
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