The literature review highlighted that air travel price
elasticities vary depending on a number of factors such
as location, distance and level of market aggregation.
InterVISTAS Consulting used this guidance to undertake
new econometric analysis using three different datasets.
The new analysis is comprehensive, based on over 500
regression models. Building on the previous research,
the new econometric analysis develops a set of in-depth
guidelines, and guideline elasticities, that can be applied
to the analysis of different air markets, broken down by
geographic market, length of haul and level of aggregation