This article analyzes the behavior of the demand of domestic and international air passengers in a context of liberalized air transport market and with a total deregulation of airfares (using as case study the Colombian air transport market), and where it is also contemplated the influence, on this demand, of several factors of diverse origin (economic, market / competition and geographic). And due to the complexity of the air transport system, the use of System Dynamics is considered appropriate as an analysis tool. The main results indicate a convergence (in the study period) to a stabilization status of the load factor, which suggests that the air operators were able to better understand the behavior of the demand and thereby better adjust their supply.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.