I came across the terms Market share, size & yield in aviation network planning. I don't really know what that means, anyone can provide me with a simplified explanation or maybe a reference where I can read about it ?
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2$\begingroup$ These are terms not specific to aviation; they apply to business in general. $\endgroup$– DeltaLima ♦May 25, 2022 at 11:17
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3$\begingroup$ This might fit on Economics. There doesn't seem to be a general [business.se], though this would probably be a perfect fit there. $\endgroup$– FreeManMay 25, 2022 at 11:28
1 Answer
These are terms not specific to aviation; they apply to business in general. But in an aviation network planning context they roughly translate to the following:
- market size: how big is the market: i.e. what is the total number of passengers / tonnes of cargo travelling on a (set of) route(s)? What is the total sum of money spent on the route(s).
- market share: what percentage of transport (in passenger number/tonnes of cargo, or ticket price) is provided by my company.
- market yield: how much money does the ticket sales on this route bring?
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1$\begingroup$ Please, if a question is not on topic here do not answer it. It gives new users the impression that a question is accepted here. $\endgroup$– Jamiec ♦May 25, 2022 at 13:20
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1$\begingroup$ Dear @Jamiec, thank you for leaving a comment. I am not sure whether this question is not on topic here. The terms are not specific to aviation, but within the context of aviation and network planning, they do have a specific meaning. I also note that nobody voted to close, but you decided use the moderator powers to close the question on your own. In this case, I think that is unjustified and it basically prevents any consensus building in the community on which questions are acceptable or not. I respectfully appeal to the moderators to use their powers moderately. $\endgroup$– DeltaLima ♦May 25, 2022 at 13:51
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1$\begingroup$ Its comments like that which make me want to just quit moderating this community. Take a look at on-topic does this fall anywhere even close to those? I cant see how the answer would be anything but "no". YOU should have been the one to cast the first close vote! Not answer it. $\endgroup$– Jamiec ♦May 25, 2022 at 13:54
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$\begingroup$ I agree the question is both general, and applicable to aviation. As such, it seems about as proportionally on topic as some of the “how do I solve this equation” questions that stand here even though they might be a better fit on mathematics. $\endgroup$ May 25, 2022 at 15:43
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$\begingroup$ @Jamiec I thought the question was close enough to aviation to grace it with an answer. This site has historically many questions, some very well received, that are not strictly within the scope of our on-topic list. The list serves as a guideline... $\endgroup$– DeltaLima ♦May 25, 2022 at 15:59