By R. de Neufville, A. Odoni
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Additional info for Airport Systems - Planning, Design and Mgmt
The international companies will also be large enough to train personnel efficiently and recruit ambitious managers who wish to succeed in a large international company. They should be able to diffuse best practices across their organization by promoting and transferring their most effective planners, designers, and managers. 1-5 Electronic commerce The information age will lead to profound changes in airport planning and design. Electronic commerce may be the most important technical innovation to affect airport design in the beginning of the twenty-first century.
A 5 percent annual rate of growth compounded over 25 years gives an end result about 140 percent greater, in terms of the starting amount, than a 3 percent annual rate of growth. Managers should place any assessment of long-range forecasts in a broad range of possibilities. See Chap. 3 for a detailed discussion of this issue. Traffic will almost certainly continue to grow substantially. Most of the world rarely flies, and the market is far from saturated. Plausible increases in population, national wealth, the length of paid vacations, and the tendency of members of younger generations to fly, even if only a few percent per year, will lead to more traffic.
Four trends dominate the airport/airline industry at the start of the twenty-first century: 1. Long-term growth, on the order of 5 percent a year worldwide, implying a doubling of traffic about every 15 years. This drives the continual demand for expansion and improvement. It also leads to the development of multiple airport systems in metropolitan areas and of niche airports serving leisure traffic or cargo. 2. Commercialization, as the rise of business management in a market economy replaces government ownership in a regulated environment.
Airport Systems - Planning, Design and Mgmt by R. de Neufville, A. Odoni