Airline Simulation Model - Modeling Competition and Passenger Choice
J.M.A. Beth (TU Delft - Aerospace Engineering)
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Abstract
In this thesis, a contribution has been made to the development of a simulation framework which is capable of realistically simulating market dynamics with respect to competition and passenger choice in the European aviation market. In total, 22 routes have been included into the simulation framework, with airports including those in Amsterdam, Copenhagen, Frankfurt, London and Madrid. To achieve this, a demand generation model, demand allocation model and market competition model have been combined. Additionally, the simulation framework is compatible with exogenous competitor inputs to create a game environment while hosting dynamic competition by the computer player.