@article{Senguttuvan:208018,
      recid = {208018},
      author = {Senguttuvan, P.S},
      title = {Economics of the Airport Capacity System in the Growing  Demand of Air Traffic – A Global View},
      address = {2006-03},
      number = {1427-2016-118528},
      pages = {29},
      year = {2006},
      abstract = {Economic prosperity brings greater demand for travel. As  people get
wealthier, they can afford to travel further and  more often. In the case of
aviation this trend has been  amplified by technological advances, cost
efficiencies and  strengthened competition within the industry, which  have
brought air travel within the reach of many million  people. In an era of
increasing globalization, foreign  travel - whether for pleasure or on business
- is now a  common experience. The increasing affordability of air  travel has
opened up new destinations and possibilities.  Further, it has also expanded
people's horizons,  opportunities and expectations. As a result, air travel  has
shown a three-fold increase over the last 30 years.
The  availability of sufficient airport capacity is an important  constraint on
future growth. However, even at current  levels of use, many airports in the
U.S., Europe and few  airports in Asia Pacific are becoming  increasingly
congested as they attempt to cope with rising  passenger numbers. In some
cases, the capacity of terminals  and runways is at, or near, saturation point.},
      url = {http://ageconsearch.umn.edu/record/208018},
      doi = {https://doi.org/10.22004/ag.econ.208018},
}