easier with the knowledge of what fuel prices are going to do in the near future. Using historical data, fuel price forecasting can provide sufficient business intelligence to allow for proper
4.3 Assignment: Forecasting in airline strategic planning and management 4 planning Conclusion Carry-Air’s planning will surround aviation forecasts in the five areas listed above. It is important to maintain accurate projections to allow for efficient operational planning in addition to reducing the impact of detrimental aviation variables (weather, sick pilots, etc…). All forecasting will be matrixed to correlate and provide reporting features that will assist in the planning stages of the operational process. References Airport system development. (2013). Airport system development (pp. 519-521) Retrieved from Atems, B., Bachmeier, L., & Williams, C. (2019). Do jet fuel price movements help forecast
4.3 Assignment: Forecasting in airline strategic planning and management 5 airline fares and the demand for air travel? Applied Economics Letters, 26 (11), 877-882. doi:10.1080/13504851.2018.1510466 Morrell, P., & Klein, T. (2018). Moving boxes by air : The economics of international air cargo (2nd ed.) Routledge.
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- Fall '16
- Kelly Lawton