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Air Passenger Values of Time and Qualitative Travel Attributes

The objective of the proposed research is to update and extend the estimated values of travel time savings determined in ACRP Project 03-19 and broaden the scope to include not only travel time savings but also other quantitative service attributes, such as walking distance, and the perceived values attributed by air passengers to improvements in qualitative levels of service, such as ride quality and comfort. One important objective of the research is to explore the importance of travel time variability relative to changes in the average travel time, as well as to better understand how air passengers make allowances for variability in travel times and delays in their trip planning. Improved understanding of air passenger values of travel time savings and other service attributes will benefit airports through more detailed benefit-cost analysis of capital investment decisions and assessment of factors to be considered in operational decisions.


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Idea No. 7