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FORECASTS OF AVIATION DEMAND CHAPTER 2 <br />Table 2-18: Air Cargo Forecast – Socioeconomic <br />EnplanedPer <br />YearPopulation <br />Cargo (lbs.) Capita <br />Historic <br />1997 2,974,533 597,7214.98 <br />1998 3,556,740 601,9545.91 <br />1999 3,974,273 603,8586.58 <br />2000 3,710,254 605,0906.13 <br />2001 2,231,811 606,4263.68 <br />2002 2,091,057 612,1433.42 <br />2003 2,563,256 617,6634.15 <br />2004 2,239,204 620,2583.61 <br />2005 2,385,207 626,9363.80 <br />2006 2,096,778 634,4213.31 <br />Projection <br />2011 3,027,282 664,4004.56 <br />2016 3,170,874 695,9144.56 <br />2026 3,479,066 763,5534.56 <br />CAGR 1997-2006 -3.81% <br />CAGR 2006-2026 2.56% <br />Source: Mead & Hunt <br />Table 2-19: Air Cargo Forecast – Comparison <br />Socio- <br />5.4 Air Cargo Forecast – Method <br />YearHistoricBoeing economic <br />Comparison and Preference <br />Historic <br />1997 2,974,533 <br />1998 3,556,740 <br />Table 2-19 Graph 2-4 <br />and present a comparison of <br />1999 3,974,273 <br />projected air cargo activity based on the two different <br />2000 3,710,254 <br />methodologies. <br />2001 2,231,811 <br />2002 2,091,057 <br />The Boeing method gives the preferred forecast. <br />2003 2,563,256 <br />Boeing’s information is considered extensive and well- <br />2004 2,239,204 <br />based, and is generally accepted by the aviation industry. <br />2005 2,385,207 <br />Although higher than the socioeconomic forecast, the <br />2006 2,096,778 <br />Boeing air cargo projections are in line with what is <br />Projection <br />expected at EUG.This is further justified by improvements <br />20112,538,8103,027,282 <br />being made at the Airport to support additional air cargo <br />20163,068,4103,170,874 <br />activities more efficiently. <br />20264,416,9573,479,066 <br />CAGR <br />1997-2006-3.81% <br />CAGR <br />2006-2026 3.80% 2.56% <br />Sources: The Boeing Company, Mead & Hunt <br />2-20 <br />Eugene Airport Master Plan Update <br />(February 2010) <br /> <br />