EconPapers    
Economics at your fingertips  
 

Air traffic forecast and its impact on runway capacity. A System Dynamics approach

Tascón, Diana C. and Díaz Olariaga, Oscar

Journal of Air Transport Management, 2021, vol. 90, issue C

Abstract: The uninterrupted growth of air traffic in Colombia has been reinforced since the 1990s by a public policy of liberalization of airspace, and by redirecting public and private investment towards the modernization and updating of airport infrastructures, giving in concession the busiest airports in the country, 19 to date. In the commercial air sector, and in this same period, the flag airline was privatized and new air operators, including low cost airlines (LCC), entered the market. Since 2012, air fares are completely deregulated. Consequently, in the last two and a half decades, passenger transport in Colombia grew by 863%. This important growth rate has been driven and led by the country's main airport, the Bogotá-El Dorado International Airport (BOG), in the capital of Colombia. But some technical reports consider the airport will reach its maximum capacity in the short term mainly because of its inability to expand its airfield (runway system). Due to this circumstance, the aeronautical public authority of Colombia gave course to the planning, design and construction of a new airport (complementary) on the outskirts of the city of Bogotá, which will enter the design phase in 2026/2027. Therefore, it is considered suitable the development of a traffic forecast for BOG in the medium term and to evaluate the impact of future demand on the runway capacity of the airport. Then, and due to the complexity of the air transport forecast, the use of System Dynamics (SD), is considered to be appropriate as an analysis approach. System Dynamics is based on feedback control theory and it is equipped with mathematical computer simulation models, which uses linear and non-linear differential equations. The results suggests a need to expand the airport case study (runway system) after mid-2019, where the current capacity utilization factor is around 100% and two to three runways will be required for the normal operation; after October 2022 the number runways required is set to three until the last period simulated (2023).

Keywords: Airport; Runway capacity; System Dynamics; Liberalization; Air transport demand; Bogotá-El Dorado (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0969699720305299
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:90:y:2021:i:c:s0969699720305299

DOI: 10.1016/j.jairtraman.2020.101946

Access Statistics for this article

Journal of Air Transport Management is currently edited by Anne Graham

More articles in Journal of Air Transport Management from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:jaitra:v:90:y:2021:i:c:s0969699720305299