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Stated preference analysis of a new very light jet based on-demand air service

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  • Peeta, Srinivas
  • Paz, Alexander
  • DeLaurentis, Dan

Abstract

This paper develops behavior models to analyze traveler propensity towards a new "very light jet"-based on-demand air service (ODAS), also labeled air taxi service, with the broader objective of providing guidance for the enabling stakeholders including business operators, policy-makers and aircraft manufacturers. The models predict the probability of individuals switching from their usual preferred mode of intercity transportation (up to 960Â km) to the ODAS under a range of scenarios in terms of travel distance and cost. Travel distance, service fare, and level of accessibility are identified as key determinants of the viability of the ODAS. Analysis of the models provides insights for operational/business strategies in the private sector (both for aircraft manufacturers and the ODAS operators), for policy-making in the public sector, and for understanding the potential barriers to the evolution of ODAS as a viable intercity travel option.

Suggested Citation

  • Peeta, Srinivas & Paz, Alexander & DeLaurentis, Dan, 2008. "Stated preference analysis of a new very light jet based on-demand air service," Transportation Research Part A: Policy and Practice, Elsevier, vol. 42(4), pages 629-645, May.
  • Handle: RePEc:eee:transa:v:42:y:2008:i:4:p:629-645
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    References listed on IDEAS

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    1. Lewe, Jung-Ho & DeLaurentis, Daniel, 2004. "Entity-Centric Abstraction and Modeling of Future Transportation Architectures," 45th Annual Transportation Research Forum, Evanston, Illinois, March 21-23, 2004 208233, Transportation Research Forum.
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    Cited by:

    1. Mumbower, Stacey & Garrow, Laurie A. & Newman, Jeffrey P., 2015. "Investigating airline customers’ premium coach seat purchases and implications for optimal pricing strategies," Transportation Research Part A: Policy and Practice, Elsevier, vol. 73(C), pages 53-69.
    2. Lee, Changju & Bae, Bumjoon & Lee, Yu Lim & Pak, Tae-Young, 2023. "Societal acceptance of urban air mobility based on the technology adoption framework," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
    3. Fangqing Song & Stephane Hess & Thijs Dekker, 2024. "Uncovering the link between intra-individual heterogeneity and variety seeking: the case of new shared mobility," Transportation, Springer, vol. 51(2), pages 371-406, April.
    4. Annitsa Koumoutsidi & Ioanna Pagoni & Amalia Polydoropoulou, 2022. "A New Mobility Era: Stakeholders’ Insights regarding Urban Air Mobility," Sustainability, MDPI, vol. 14(5), pages 1-18, March.
    5. Al Haddad, Christelle & Chaniotakis, Emmanouil & Straubinger, Anna & Plötner, Kay & Antoniou, Constantinos, 2020. "Factors affecting the adoption and use of urban air mobility," Transportation Research Part A: Policy and Practice, Elsevier, vol. 132(C), pages 696-712.
    6. Lee, Misuk & Khelifa, Alexandre & Garrow, Laurie A. & Bierlaire, Michel & Post, David, 2012. "An analysis of destination choice for opaque airline products using multidimensional binary logit models," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(10), pages 1641-1653.

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