AVIATION COST ALLOCATION STUDY: THE PRICE ELASTICITY OF DEMAND FOR GENERAL AVIATION

The paper analyzes the nature of demand response to costs, by users in general aviation. It applies regression analysis to information from a California survey of general aviation on the utilization of aircraft. For the six classes of general aviation, business flights proved to be the most inelastic and instructional flights the least. Overall, it was concluded that demand is inelastic and therefore use will decline proportionately less than price or cost increases.

• Supplemental Notes:
  • Prepared in cooperation with Resource Management Corp., Bethesda, Md.
• Corporate Authors:

  Department of Transportation

  1200 New Jersey Avenue, SE
  Washington, DC  United States  20590
• Authors:
  • Battison, E
• Publication Date: 1972-12

Media Info

• Pagination: 38 p.

Filing Info

• Accession Number: 00054510
• Record Type: Publication
• Source Agency: National Technical Information Service
• Report/Paper Numbers: Working Paper-18
• Files: NTIS, USDOT
• Created Date: Jun 18 1974 12:00AM