Using correlation matrices in predicting airline performance

The article considers the issue of making forecasts of the main indicators of the activities of airlines for their effective functioning in the air transportation market. It describes the life cycle of airlines and provides a classification of the forecasts that are currently being made. The in...

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Main Authors: O. G. Feoktistova, D. Yu. Potapova
Format: Article
Language:English
Published: Omsk State Technical University, Federal State Autonoumos Educational Institution of Higher Education 2021-11-01
Series:Омский научный вестник
Subjects:
Online Access:https://www.omgtu.ru/general_information/media_omgtu/journal_of_omsk_research_journal/files/arhiv/2021/%E2%84%96%205%20(179)%20(%D0%9E%D0%9D%D0%92)/15-18%20%D0%A4%D0%B5%D0%BE%D0%BA%D1%82%D0%B8%D1%81%D1%82%D0%BE%D0%B2%D0%B0%20%D0%9E.%20%D0%93.,%20%D0%9F%D0%BE%D1%82%D0%B0%D0%BF%D0%BE%D0%B2%D0%B0%20%D0%94.%20%D0%AE..pdf
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author O. G. Feoktistova
D. Yu. Potapova
author_facet O. G. Feoktistova
D. Yu. Potapova
author_sort O. G. Feoktistova
collection DOAJ
description The article considers the issue of making forecasts of the main indicators of the activities of airlines for their effective functioning in the air transportation market. It describes the life cycle of airlines and provides a classification of the forecasts that are currently being made. The interrelation of correlations of the key parameters of the airline’s functioning is considered, the use of correlations in forecasting is shown, actual calculations are presented, and a significant increase in forecast accuracy when using this forecasting method is demonstrated.
format Article
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institution Kabale University
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language English
publishDate 2021-11-01
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series Омский научный вестник
spelling doaj-art-b588c6efa74e42b7944164bf3b0e58812025-02-02T07:58:35ZengOmsk State Technical University, Federal State Autonoumos Educational Institution of Higher EducationОмский научный вестник1813-82252541-75412021-11-015 (179)151810.25206/1813-8225-2021-179-15-18Using correlation matrices in predicting airline performanceO. G. Feoktistova0D. Yu. Potapova1Moscow State Technical University of Civil AviationMoscow State Technical University of Civil AviationThe article considers the issue of making forecasts of the main indicators of the activities of airlines for their effective functioning in the air transportation market. It describes the life cycle of airlines and provides a classification of the forecasts that are currently being made. The interrelation of correlations of the key parameters of the airline’s functioning is considered, the use of correlations in forecasting is shown, actual calculations are presented, and a significant increase in forecast accuracy when using this forecasting method is demonstrated.https://www.omgtu.ru/general_information/media_omgtu/journal_of_omsk_research_journal/files/arhiv/2021/%E2%84%96%205%20(179)%20(%D0%9E%D0%9D%D0%92)/15-18%20%D0%A4%D0%B5%D0%BE%D0%BA%D1%82%D0%B8%D1%81%D1%82%D0%BE%D0%B2%D0%B0%20%D0%9E.%20%D0%93.,%20%D0%9F%D0%BE%D1%82%D0%B0%D0%BF%D0%BE%D0%B2%D0%B0%20%D0%94.%20%D0%AE..pdflife cycle of an airlineforecasting the main indicators of airline activitiescorrelation coefficientcorrelation matricescorrelation radiusforecast error
spellingShingle O. G. Feoktistova
D. Yu. Potapova
Using correlation matrices in predicting airline performance
Омский научный вестник
life cycle of an airline
forecasting the main indicators of airline activities
correlation coefficient
correlation matrices
correlation radius
forecast error
title Using correlation matrices in predicting airline performance
title_full Using correlation matrices in predicting airline performance
title_fullStr Using correlation matrices in predicting airline performance
title_full_unstemmed Using correlation matrices in predicting airline performance
title_short Using correlation matrices in predicting airline performance
title_sort using correlation matrices in predicting airline performance
topic life cycle of an airline
forecasting the main indicators of airline activities
correlation coefficient
correlation matrices
correlation radius
forecast error
url https://www.omgtu.ru/general_information/media_omgtu/journal_of_omsk_research_journal/files/arhiv/2021/%E2%84%96%205%20(179)%20(%D0%9E%D0%9D%D0%92)/15-18%20%D0%A4%D0%B5%D0%BE%D0%BA%D1%82%D0%B8%D1%81%D1%82%D0%BE%D0%B2%D0%B0%20%D0%9E.%20%D0%93.,%20%D0%9F%D0%BE%D1%82%D0%B0%D0%BF%D0%BE%D0%B2%D0%B0%20%D0%94.%20%D0%AE..pdf
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