PODM-V2 MODEL: A FORMAL FRAMEWORK
PODM-V2 attempts to explain passenger origin-destination demand in Canada using econometric techniques. The patterns of origin-destination trips during one year are related to several variables: socioeconomic conditions of cities (e.g. population, economic activities), air transport attributes (e.g., fare, direct flights) and measures of mode competition (e.g. travel time by car). Once identified and understood, those relationships allow the analyst to produce air traffic demand forecasts by airport based on clear assumptions of a set of variables.