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Market Sizing: How to estimate market size of short haul flight market?

Hi all,

anyone has a good idea on how to approach this one?

EDIT: Clarification Questions

1. EU market.

2. Annualized.

3. Flights less than 3 hours.

4. Both commercial passengers & cargo.

Cheers!

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Top answer
Ian
Coach
on Nov 21, 2020
Top US BCG / MBB Coach - 5,000 sessions |Tech, Platinion, Big 4 | 9/9 personal interviews passed | 95% candidate success

Hi there,

We need some clarifying questions answered here!

  1. What market? (World? Specific country?)
  2. Annualized?
  3. Short haul is defined as what? Domestic flights? Flights less than 3 hours? Plans size less than xx passengers?
  4. Short haul passengers only or also cargo?

Just like a case, you can't just jump into a market sizing without defining the box in which you're operating!

on Dec 31, 2020
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching

Hi, in addition to the solutions proposed by the other coaches in the discussion, I would like to suggest similar cases in the platform to practice with:

  • https://www.preplounge.com/en/consulting-forum/how-much-would-you-charge-to-clean-all-the-windows-in-seattle-4965
  • https://www.preplounge.com/en/consulting-forum/market-sizing-milk-consumption-5087
  • https://www.preplounge.com/en/consulting-forum/how-would-you-calculate-the-value-of-a-cow-4982
  • https://www.preplounge.com/en/consulting-forum/estimate-number-of-traffic-lights-in-a-london-5692

Hope it helps,
Antonello