This ACC webinar will describe how to combine temporary forecast relationships with longer-term econometric analyses to produce aviation forecasts that bridge non-economic events and more normal times. Aviation demand reflects underlying economic activity. A common aviation demand forecasting technique involves creating a functional relationship between aviation demand and a primary forecast of economic activity. Learn how aviation forecasters create several correlations between past economic performance and aviation activity and select one that correlates better than others. Discover how this relationship is then used to relate future aviation activity to an independent forecast of the economic variable or a combination of economic variables. Non-economic events such as the pandemic or the 9/11 disasters disrupt these primary relationships. Sometimes these non-economic events affect aviation demand for an extended time. During this webinar, participants will discover why we need forecasts that reflect temporary relationships between non-economic drivers and aviation demand until normal economic drivers resume their influence. 

LEARNING OBJECTIVES

At the end of this ACC webinar, participants will be able to:
• Identify, interpret and evaluate independent forecasts for COVID-19 infection rates
• Recognize non-economic trend upsetting events and evaluate their effects
• Explain the basic value delivered by air transportation versus other modes
• Describe temporary versus permanent changes to air transportation usage

PRESENTERS

• Matt Lee, Vice President, Operational Planning, Landrum & Brown, Inc.
• Mike Bown, Vice President, Air Service Development, Landrum & Brown, Inc.
• Brian Poe, Senior Consultant, Aviation Forecasting and Financial Planning, Landrum & Brown, Inc.

REGISTRATION IS “PER PERSON”

The registration fee for ACC live webinars is “per person.” The sharing of webinar log-in credentials to provide access to the webinar by non-registered/paid individuals is prohibited. Doing so will nullify the issuance of credits/hours for participating, as ACC cannot meet the required accreditation criteria to verify attendance or participation for the entire duration of the webinar with multiple log-ins under one name. 

CORPORATE WEBINAR REGISTRATION DISCOUNTS

Interested in saving 10% - 60% on ACC webinar registrations? ACC Webinar Registration Bundles

CREDITS/HOURS

To be determined.

PAYMENT OF REGISTRATION FEES

Registration fee payments must be received when registering for the webinar. For those submitting a check for payment of their registration fee, payment must be received by ACC not later than 24 hours prior to the start of the webinar for payment processing and release of registration for webinar participation.

REGISTRATION REFUND POLICY

Refunds will be issued in full for registration cancellations received in writing at training@acconline.org up to three (3) business days prior to the start of the webinar. Cancellations made less than three (3) business days from the start of the webinar will receive a refund minus 50% of the registration fee or the registration can be applied to a future ACC webinar within six months.

TRANSFER OF REGISTRATION

Requests for transfer of registrations from one individual to another must be received in writing at training@acconline.org at least two (2) business days prior to the start of the webinar.

PAYMENT OF REGISTRATION FEES

Registration fee payments must be received when registering for the webinar. For those submitting a check for payment of their registration fee, payment must be received by ACC not later than 24 hours prior to the start of the webinar for payment processing and release of registration for webinar participation.

REGISTRATION REFUND POLICY

Refunds will be issued in full for registration cancellations received in writing at training@acconline.org up to three business days prior to the start of the webinar. Cancellations made less than three business days from the start of the webinar will receive a refund minus 50% of the registration fee or the registration can be applied to a future ACC webinar within six months.

TRANSFER OF REGISTRATION

Requests for transfer of registrations from one individual to another must be received in writing at training@acconline.org at least two business days prior to the start of the webinar.