earticle

영어

This paper analyzes yearly variation of the air passenger travel volume between Korea and foreign countries. Using aggregated data, yearly variation of the air passenger travel volume is analyzed. The paper includes some descriptive statistical analyses on time-series data of the international air passenger travel volume. The analysis is conducted on the period between the year 2002 and 2012. Furthermore, some direct air travel demand models are developed by panel regression analysis for finding factors affecting the air passenger travel volume of each international route connecting Korea. The analytical results are summarized as follows. First, it is found that the air passenger travel volume for international routes connecting Korea had been increased between the year 2002 and 2012, excluding period between the year 2008 and 2009. Secondly, it is found that GDP or GDP per capita of origin and destination countries, amount of export/import between origin and destination countries, exchange rate, and the number of LCC routes(lines) between origin and destination countries are important factors affecting the air passenger travel volume between Korea and Asian countries. Thirdly, it is found that GDP of origin and destination countries, amount of export/import between origin and destination countries, and exchange rate are important factors affecting the air passenger travel volume between Korea and non-Asian countries.