Revenue

Uncertainty modeling

Uncertainty modeling

This entry is part 2 of 3 in the series What We Do

We know that forecasts based on average values are on average wrong. In addition will deterministic models miss the important uncertainty dimension that gives both the different risks facing the company and the opportunities they bring forth.

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The Uncertainty in Forecasting Airport Pax

The Uncertainty in Forecasting Airport Pax

This entry is part 3 of 4 in the series Airports

The uncertainty about the future yearly Pax is quite high. With this as the backcloth for airport planning the stochastic nature of Pax forecasts has to be taken into account when investment decisions are to be made.

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Concession Revenue Modelling and Forecasting

Concession Revenue Modelling and Forecasting

This entry is part 2 of 4 in the series Airports

Concessions are an important source of revenue for all airports. An airport simulation model should therefore be able to give a good forecast of revenue from different types of concessions.

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