4.5 Article

Comparative analysis of government forecasts for the Lisbon Airport

Journal

JOURNAL OF AIR TRANSPORT MANAGEMENT
Volume 16, Issue 4, Pages 213-217

Publisher

ELSEVIER SCI LTD
DOI: 10.1016/j.jairtraman.2009.09.002

Keywords

Forecasting; Airline passenger forecasts; Government forecasts; Planning infrastructure capacity

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The study examines the official forecasts for airline passenger numbers for the Lisbon metropolitan area. Auto-regressive and exponential smoothing models are used to develop independent forecasts for passenger numbers The forecasts show that the government forecasts are at the top end of estimates and should be considered overly optimistic (C) 2009 Elsevier Ltd All rights reserved

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