Airline Model Views
The 1900 is Beechcraft's third regional airliner. The Beechcraft Model 18 was a 6- to 11-passenger utility aircraft produced from 1937 to 1970, used by the military, airlines, charter operations, corporations for executive transport, and freight carriers. The 15-passenger Beechcraft Model 99 Airliner was designed to replace the Beech 18, and was produced from 1966 to 1986. It was also commercially successful and remains in common use with freight airlines such as Ameriflight.
The airline passenger data, given as Series G in Box and Jenkins (1976), have been used in time series analysis literature as an example of a nonstationary seasonal time series. This example uses PROC ARIMA to fit the airline model, ARIMA(0,1,1)(0,1,1), to Box and Jenkins’ Series G. The following statements read the data and log-transform the series:
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Qantas Group operates arguably the most successful organically developed dual brand airline model in the world. Its Jetstar low cost subsidiary has effectively insulated it from domestic LCC competition, while allowing it to complement the full service airline on marginal international routes and provide a platform for expansion within Asia.
Airline Model Images
