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AIRPORT MASTER PLAN <br /> <br />C HAPTER 3:A CTIVITY F ORECASTS <br />I NTRODUCTION <br />Forecasting aviation activity helps the airport sponsor identify potential changes in <br />aeronautical activity at the airport that could drive future airport facility and <br />equipment needs. In subsequent chapters of this Master Plan, the preferred <br />demand forecasts described in this chapter are used to identify the type, extent, <br />and timing of future aviation development. <br />Aeronautical activity levels at an airport are often influenced by the types of <br />aviation services offered, the general business environment at the airport, and the <br />business environment within the local/regional community. In addition, factors <br />such as vigorous local airport marketing, tourism, increased industrialization, <br />changes in transportation preferences, and fluctuations in the national, regional, <br />and local economy all influence aviation demand. <br />As a result, aviation activity forecasts are developed in accordance with national <br />trends and regional/local influences and, in context with the inventory findings, are <br />developed as a guide for future development with the expectation that the facilities <br />needed to support the forecasted demand will be available as demand dictates. <br />This chapter examines aviation activity trends and the numerous factors that have <br />influenced those trends in the United States, Texas, and the region the San Marcos <br />Regional Airport serves. <br />F ORECASTING I NTERVALS AND P LANNING A CTIVITY L EVELS (PAL S) <br />Master Plan aviation activity forecasts are traditionally completed in 5-year <br />increments for a 20-year planning horizon. For this Master Plan, the first forecast <br />year has been identified as 2019 and the last forecast year has been identified as <br />2039. As a result,aeronautical activity will be forecasted for the following years: <br /> 2019 2034 <br /> 2024 2039 <br /> 2029 <br /> <br />Activity Forecasts Chapter Page 1of 36 <br />October 2020 <br /> <br />