Passenger Demand
Passenger demand refers to the number of passengers who are willing to travel by air on a particular route or to a particular destination. It is influenced by various factors such as economic conditions, travel restrictions, airline ticket prices, and consumer preferences. Passenger demand is a crucial factor in determining the profitability of an airline and its ability to operate a particular route or destination. Airlines use various strategies to forecast passenger demand, such as historical data analysis, market research, and predictive modeling.
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