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Airport Simulation

Airport Simulation

This entry is part 1 of 4 in the series Airports

The basic determinant of an airport’s economics is the passenger forecast. It is the basis for estimation of aircraft movements, investment in terminal buildings, traffic charges, tax free sales etc.

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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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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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The risk of planes crashing due to volcanic ash

The risk of planes crashing due to volcanic ash

This entry is part 4 of 4 in the series Airports

When the Icelandic volcano Eyafjallajøkul had a large eruption in 2010 it lead to closed airspace all over Europe, with corresponding big losses for airlines.

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