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Joint Canadian Airport Forecasting Program

Location

Canada

Service Area

Economics & Finance

Project Brief

InterVISTAS was tasked with developing annually updated long-term air traffic forecasts for four airports in Canada, each in the size range of 3 – 8 million annual passengers to provide continuity to Canadian Airports Council members following the discontinuation of Transport Canada’s forecasting program.

Approach

The development of risk-based air traffic forecasts for four major airports in Canada involved an in-depth econometric analysis of the historical origin-destination travel demand at the four airports. InterVISTAS leveraged its significant experience and knowledge in analyzing aviation industry data to develop refined estimates of O/D passenger travel demand to produce high-quality market assessments and air traffic forecasts. The project team developed risk-based forecasts of O/D, connecting, and E/D passenger traffic along with aircraft movements and air cargo both at an airport level and at the national level. Over the three years of the forecasting program, InterVISTAS has successfully refined its aviation data analysis and forecasting methodology to deliver high-quality forecasts for these four clients.

Results

The four airports have, as of 2016, received their third annual update to their long-term traffic forecasts contributing to the ongoing development of the airports.

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