ISSN: 2167-0269
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Adeniran AO
Akure (FUTA), Ondo State
Nigeria
Research Article
The Dynamics for Evaluating Forecasting Methods for International Air
Passenger Demand in Nigeria
Author(s): Adeniran AO and Stephens MSAdeniran AO and Stephens MS
This paper examines the dynamics for evaluating different forecasting methods for international air passenger demand in Nigeria. It achieved the objectives by forecasting international air passenger demand in the year 2018 using two single moving average, four single moving average and six single moving average; the same forecast was also achieved by using simple exponential smoothing, with smoothing constants of 0.7, 0.8, and 0.9 respectively. The most appropriate forecasting method was determined by comparing all the single moving averages with exponential smoothing. This study is very essential to airport management, airline management, concessionaires of aeronautical and non-aeronautical services, third-parties, government agencies and ministries, economic regulators, transport policy analysts and planners, and other concerned agencies, for accurate planning which affect the overa.. View More»
DOI:
10.4172/2167-0269.1000366