How Do Airlines & Airports Forecast Passenger Demand?

On paper, the airline business is pretty simple: you have to put enough people who are willing to pay enough cash or other credit, such as miles/loyalty points, on an aircraft to cover your costs and more on a route flying to one destination or the other. However, the reality is much more complex, with many variables, including external factors, influencing the success or misfortune of airlines globally.

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