Florida Aviation Activity Forecast Methodologies and Tools Development [Summary]
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2019-01-01
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By Zhang, Yu
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Abstract:To ensure the efficient operation and healthy development of the state’s airports, the Florida Department of Transportation (FDOT) developed the Aviation Grant Program to provide financial assistance to Florida’s airports. To guide airport planning and financial decisions, it is essential to have accurate forecasts of airport activity, which provide information about requirements for future capacity and financial requirements. The forecast tool currently in use by FDOT was developed some years ago, and more advanced methods are now available. Research Objectives University of South Florida researchers developed new methodologies for airport activity forecasting and updated the existing Florida Aviation Database activity forecast tool with an advanced forecasting module.
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