• With a perfect forecast of the severe snowstorm: — Airlines cancel more flights, reducing their costs but increasing passenger disruption — Airline costs decrease by approximately $40 million — Passenger costs increase by approximately $9 million • There is a classic tradeoff between airline costs and passenger costs • The answer to the question “what is the effect of a better weather forecast for severe winter storms on the NAS” is: — Better airline information allows them to plan their operations better and save dollars — But the decisions they make disrupt passenger travel and increase the passenger costs • Whether this result is generalizable is debatable
Assessment of imperfect weather forecasts on airline and passenger planning
2013-10-01
5342591 byte
Conference paper
Electronic Resource
English
NTIS | 1981
|SLUB | 1981
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