Addressing Uncertainty about Future Airport Activity Levels in Airport Decision Making

Addressing Uncertainty about Future Airport Activity Levels in Airport Decision Making
Author: Ian S. Kincaid
Publisher: Transportation Research Board
Total Pages: 147
Release: 2012
Genre: Transportation
ISBN: 030925857X

Download Addressing Uncertainty about Future Airport Activity Levels in Airport Decision Making Book in PDF, Epub and Kindle

This report provides a guidebook on how to develop air traffic forecasts in the face of a broad range of uncertainties. It is targeted at airport operators, planners, designers, and other stakeholders involved in planning, managing, and financing of airports, and it provides a systems analysis methodology that augments standard master planning and strategic planning approaches. This methodology includes a set of tools for improving the understanding and application of risk and uncertainty in air traffic forecasts as well as for increasing overall effectiveness of airport planning and decision making. In developing the guidebook, the research team studied existing methods used in traditional master planning as well as methods that directly address risk and uncertainty, and based on that fundamental research, they created a straightforward and transparent systems analysis methodology for expanding and improving traditional planning practices, applicable through a wide range of airport sizes. The methods presented were tested through a series of case study applications that also helped to identify additional opportunities for future research and long-term enhancements.

Airport Strategic Planning Under Uncertainty

Airport Strategic Planning Under Uncertainty
Author: Elena Mihaela Capitanul
Publisher:
Total Pages: 176
Release: 2016
Genre:
ISBN:

Download Airport Strategic Planning Under Uncertainty Book in PDF, Epub and Kindle

Airports are critical connectors in the air transportation operational system. In order to meet their operational, economic and social obligations in a very volatile environment, airports need to embrace change rather than resist it. Like any other industry, airports face a wide array of risks, some specific to air transportation, other having only an indirect influence but powerful enough to disrupt airport activities. Long term airport planning has become a complex issue due to the constant growth in air traffic demand. A new dimension of complexity emerged when uncertainty began having a more, and more disruptive, and significantly costly impact on developing airport infrastructure. Historically, the ability of traditional risk and uncertainty mitigation tools proved inefficient. Countless unforeseen events like terrorist attacks, economic recession, natural disasters, had a dramatic impact on traffic levels, some with a global reach. To these highly improbable type of events can be added technological advancements, new airlines and airports business models, policy and regulation changes, increasing concern for environmental impact. In this context, the thesis puts forward an innovative approach for addressing risk assessment and mitigation under uncertainty in long-term airport infrastructure development projects. The thesis expands on the newly developed formalism of fuzzy dual numbers as a key tool to address uncertainty. After a comprehensive review of the airport industry in the context of uncertain environments, fuzzy dual numbers and fuzzy dual calculus are introduced. Since airport infrastructure development project is another case of multi-stage decision-making problem, dynamic programming is considered in order to optimize the sequential decision making process. The originality of the approach resides in the fact that the entire process will be fuzzified and fuzzy dual dynamic programming components will be introduced. To validate our method, a study case will be developed.

Strategic Planning in the Airport Industry

Strategic Planning in the Airport Industry
Author: Ricondo & Associates
Publisher: Transportation Research Board
Total Pages: 134
Release: 2009
Genre: Business & Economics
ISBN: 030911814X

Download Strategic Planning in the Airport Industry Book in PDF, Epub and Kindle

TRB's Airport Cooperative Research Program (ACRP) Report 20: Strategic Planning in the Airport Industry explores practical guidance on the strategic planning process for airport board members, directors, department leaders, and other employees; aviation industry associations; a variety of airport stakeholders, consultants, and other airport planning professionals; and aviation regulatory agencies. A workbook of tools and sequential steps of the strategic planning process is provided with the report as on a CD. The CD is also available online for download as an ISO image or the workbook can be downloaded in pdf format.

Strategic Airport Planning

Strategic Airport Planning
Author: Robert E. Caves
Publisher: Emerald Group Pub Limited
Total Pages: 451
Release: 1999
Genre: Business & Economics
ISBN: 9780080427645

Download Strategic Airport Planning Book in PDF, Epub and Kindle

The role of an airport within the air transport system used to be largely incontestable. This book examines various pressures in order to identify changes that are required to the airport planning process. It discusses such issues as: forecasting in an uncertain world; airport market share; airline network choices; and more.

Scenario-based Strategic Planning

Scenario-based Strategic Planning
Author: Burkhard Schwenker
Publisher: Springer Science & Business Media
Total Pages: 214
Release: 2013-12-05
Genre: Business & Economics
ISBN: 3658028750

Download Scenario-based Strategic Planning Book in PDF, Epub and Kindle

In a world characterized by increasing complexity and volatility, managers must be able to flexibly adapt their strategies to changing environmental conditions. Traditional strategic management frameworks often fail in this context. Therefore, we present "scenario-based strategic planning" as a framework for strategic management in an uncertain world. Previous approaches to scenario planning were complex and focused on the long term, but the approach developed by Roland Berger and the Center for Strategy and Scenario Planning at HHL Leipzig Graduate School of Management is different. By designing appropriate tools and integrating scenario planning into strategic planning, we have made our approach less complex and easier for firms to apply. We illustrate the approach with examples from different industries.

Decision Making under Deep Uncertainty

Decision Making under Deep Uncertainty
Author: Vincent A. W. J. Marchau
Publisher: Springer
Total Pages: 408
Release: 2019-04-04
Genre: Business & Economics
ISBN: 3030052524

Download Decision Making under Deep Uncertainty Book in PDF, Epub and Kindle

This open access book focuses on both the theory and practice associated with the tools and approaches for decisionmaking in the face of deep uncertainty. It explores approaches and tools supporting the design of strategic plans under deep uncertainty, and their testing in the real world, including barriers and enablers for their use in practice. The book broadens traditional approaches and tools to include the analysis of actors and networks related to the problem at hand. It also shows how lessons learned in the application process can be used to improve the approaches and tools used in the design process. The book offers guidance in identifying and applying appropriate approaches and tools to design plans, as well as advice on implementing these plans in the real world. For decisionmakers and practitioners, the book includes realistic examples and practical guidelines that should help them understand what decisionmaking under deep uncertainty is and how it may be of assistance to them. Decision Making under Deep Uncertainty: From Theory to Practice is divided into four parts. Part I presents five approaches for designing strategic plans under deep uncertainty: Robust Decision Making, Dynamic Adaptive Planning, Dynamic Adaptive Policy Pathways, Info-Gap Decision Theory, and Engineering Options Analysis. Each approach is worked out in terms of its theoretical foundations, methodological steps to follow when using the approach, latest methodological insights, and challenges for improvement. In Part II, applications of each of these approaches are presented. Based on recent case studies, the practical implications of applying each approach are discussed in depth. Part III focuses on using the approaches and tools in real-world contexts, based on insights from real-world cases. Part IV contains conclusions and a synthesis of the lessons that can be drawn for designing, applying, and implementing strategic plans under deep uncertainty, as well as recommendations for future work. The publication of this book has been funded by the Radboud University, the RAND Corporation, Delft University of Technology, and Deltares.

Strategic Airport Planning

Strategic Airport Planning
Author: Mike Brown
Publisher: Routledge
Total Pages: 168
Release: 2022-04-10
Genre: Transportation
ISBN: 1000555968

Download Strategic Airport Planning Book in PDF, Epub and Kindle

This book will explore a new approach to airport planning that better captures the complexities and velocity of change in our contemporary world. As a result, it will lead to higher performing airports for users, business partners, investors and other stakeholders. This is especially pertinent since airports will need to come back better from the Covid-19 pandemic. The book explains the importance of articulating a clear strategy, based on a rigorous analysis of the competitive landscape while avoiding the pitfalls of ambiguity and ‘virtue signalling’. Having done so, demand forecasts can be developed that resemble S-curves, not simple straight lines, that reflect strategic opportunities and threats from which a master plan can be developed to allocate land and capital in a way that maximizes return on assets and social licence. The second distinctive feature of this book is the premise that planning an airport as an island, a fortress even, does not work anymore given how interconnected airports are with other components of the transportation system, the economies and communities they serve and the rapid pace of social and technological change. In summary, the book argues that airport planning needs to move beyond its traditional boundaries. The book is replete with real examples from airports of all sizes around the world and includes practical advice and tools for executives and managers. It is recommended reading for individuals working in the airport business or the broader air transport industry, members of airports’ board of directors, who may be new to the business, elected officials, policy makers and urban planners in jurisdictions hosting or adjacent to airports, regulators, economic development professionals and, finally, students.

Airline Network Development in Europe and its Implications for Airport Planning

Airline Network Development in Europe and its Implications for Airport Planning
Author: Guillaume Burghouwt
Publisher: Routledge
Total Pages: 360
Release: 2016-03-23
Genre: Business & Economics
ISBN: 1317183002

Download Airline Network Development in Europe and its Implications for Airport Planning Book in PDF, Epub and Kindle

The ongoing deregulation and liberalization of worldwide air transport markets confronts airport planners with an increasingly problematic context. On the one hand, the capital intensive, large-scale and complex airport investments need a detailed, long/medium-term planning of airport infrastructure. Such planning requires at least predictable traffic volumes (and traffic composition) within the planning horizon. On the other hand, airline route networks are increasingly dynamic structures that frequently show discontinuous changes. As a consequence, the much more volatile airport traffic restricts the value of detailed traffic forecasts. Volatility of airport traffic and its composition requires flexibility of airport strategies and planning processes. The book explores this dilemma through a detailed study of airline network development, airport connectivity and airport planning in the deregulated EU air transport market. The questions the book seeks to answer are: · how have airlines responded to the regime changes in EU aviation with respect to the configuration of their route networks? · what has been the impact of the reconfiguration of airline network configurations for the connectivity of EU airports? · how can airport planners and airport authorities deal with the increasingly uncertain airline network behaviour in Europe?