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Air Passenger Traffic Forecasting with Machine Learning

The assignment is a presentation where students are required to present their project brief, including project execution plan, data collection plan, data analysis plan, artefacts description, and individual roles in project activities.

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Added on  2023-06-09

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This presentation discusses the use of machine learning for forecasting air passenger traffic. It covers traditional forecasting approaches, project aim, execution plan, data collection and analysis plan, proposed artefact, and more.

Air Passenger Traffic Forecasting with Machine Learning

The assignment is a presentation where students are required to present their project brief, including project execution plan, data collection plan, data analysis plan, artefacts description, and individual roles in project activities.

   Added on 2023-06-09

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Air Passenger Traffic
Forecasting with
Machine Learning
Student’s Name
Instructor’s Name
Course Code
Date
Air Passenger Traffic Forecasting with Machine Learning_1
Table of Contents
Introduction
Problem Statement
Traditional air traffic forecasting approaches
Project Aim
Project Execution Plan
Approach
Design
Data collection/ analysis plan
Historical data
Analysis
Proposed artefact
About the artefact
Design of the artefact models
Implementation Approach
Development models
Air Passenger Traffic Forecasting with Machine Learning_2
Table of Contents (Contd.)
Forecasting with intelligence
Results
Trends
Responsibilities
Roles
Limitation
Comparison with the current system
Further Research
Conclusion
References
Air Passenger Traffic Forecasting with Machine Learning_3
Introduction
Analysis of the air traffic movements help in
forecasting the future need and demands of
service in the airport.
Forecasting help is determining the improvements
required to meet these demands
Analysis of the air traffic data for 20 major cities
have been analysis to propose the forecasting
model.
Air Passenger Traffic Forecasting with Machine Learning_4
Problem Statement
There are certain negative consequences along
with the substantial economic benefits, these are.
Increasing delays in flight.
Failing to accurately estimate and find the pattern in
the air traffic movement
Failing to meet the demand capacity.
The restriction in flow control measure create air
holding problem (Cruciol et al. 2015).
Inadequate air travel service during the high
demand hours.
Air Passenger Traffic Forecasting with Machine Learning_5
Traditional air traffic
forecasting approaches
Many regulatory Agencies use the traditional
modelling techniques developed in 1985 by
International Civil Aviation organization for traffic
forecasting (Srisaeng et al., 2015). Through
review of literature it is identified that the
common forecasting methods are
Market Research
Gravity model
Simulation model
Time Series Model
Trend projections
Econometric relationship forecasting
Air Passenger Traffic Forecasting with Machine Learning_6

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