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Passenger Revenue Forecasting Model

HardStatistics & Probability00:00
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Forecast passenger revenue

Scenario

You are asked to forecast passenger revenue for the next quarter using historical monthly revenue plus business drivers such as load factor, average fare, capacity, and fuel price. The historical pattern shows seasonality and a clear trend, but the drivers move together in ways that can distort a simple forecast.

Question

How would you build a forecast for passenger revenue using historical trends and business drivers?