Forecast Laredo International Airport airline enplanements using the data in the in class example. Using a 10-year
Question:
Forecast Laredo International Airport airline enplanements using the data in the in class example. Using a 10-year average market share, develop projections for the years 2005, 2010, 2015 and 2020. Show your answers in a table.
Year | Total Airline Enplanements | Southwest Region Enplanements | Market Share (%) | |
1990 | 59,279 | 60,925,903 | 0.0973% | |
1991 | 65,651 | 60,467,718 | 0.1086% | |
1992 | 80,593 | 63,396,932 | 0.1271% | |
1993 | 92,110 | 64,296,680 | 0.1433% | |
1994 | 97,998 | 67,434,877 | 0.1453% | |
1995 | 64,198 | 70,689,841 | 0.0908% | |
1996 | 57,996 | 72,061,761 | 0.0805% | |
1997 | 61,728 | 74,341,596 | 0.0830% | |
1998 | 79,714 | 75,957,918 | 0.1049% | |
1999 | 88,969 | 77,056,344 | 0.1155% | |
2000 | 90,647 | 79,833,666 | 0.1135% | |
2001 | 82,400 | 80,184,741 | 0.1028% | |
Ten Year Average |
|
| ??? |
2005 | ??? | 93,167,307 | ??? | ||
2010 | ??? | 110,022,766 | ??? | ||
2015 | ??? | 126,843,590 | ??? | ||
2020 | ??? | 143,846,242 | ??? | ||
2025 | ??? | 160,775,532 | ??? |
2. How does this forecast differ from that using the 5-year average?
3. Which forecast would you select and why?
Fundamentals of Corporate Finance
ISBN: 978-0133400694
1st canadian edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi