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Region of Waterloo International Airport - YKF
(11-23-2018, 07:27 AM)jamincan Wrote: You will notice that the GTAA master plan is predicting passenger volume to double over the next 20 years, but plane movements to only increase 40% or so. I'm sure they're already accounting for bigger planes and spreading traffic out throughout the day more.

I'm curious (genuinely, this isn't a trick question), what has their history of success been in predicting growth?

(11-23-2018, 07:27 AM)jamincan Wrote: It's kind of funny to me that so many people feel the free market will solve traffic woes, but not other social problems.

I believe the free market is the best way to solve problems when everyone's incentives are aligned and costs/benefits are well understood and accounted for by everyone (this is obviously a huge simplification - but hopefully enough for this topic). Most social issues have very poorly aligned incentives. Healthcare for example with private practitioners/insurers is a bad place for the free market because "optimizing profits" and "optimizing health of a population" are very different things.

My previous comment by the way, doesn't mean that I think we need a purely free market solution. You can still add regulations to keep incentives aligned properly. A large fee for an idle gate or low capacity or more drastic measures like "use it or lose it" can help here. Obviously an airline would choose to maximize their profits over the general benefit of the airport and its user base - but it seems easy enough to prevent that.
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RE: Region of Waterloo International Airport - YKF - by SammyOES - 11-23-2018, 10:28 AM

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