Airport Shuttle Business Plan

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Valley Airporter

Market Analysis Summary

There are a number of environmental factors that create an increasing demand for shuttle services between Corvallis and Portland International Airport. 

  • The city of Portland has the states only international airport.  The regional airport in Eugene (50 miles south of Corvallis) has flights to Portland but those flights cost more than the shuttle service from Corvallis.
  • The city of Corvallis has experienced tremendous growth during the past three years.  Enrollment at Oregon State University is up 20%.  More importantly, the city is home to a number of high-tech businesses that serve an international market.
  • The cost of long-term parking has gone up 20% at Portland International Airport. The cost is now 10$ a day.

4.1 Market Segmentation

Valley Airporter will focus on two significant customer groups:

  • University students, staff, faculty, and university visitors.
  • Employees of high-tech companies.
Airport shuttle business plan, market analysis summary chart image

Market Analysis
2002 2003 2004 2005 2006
Potential Customers Growth CAGR
University 15% 18,000 20,700 23,805 27,376 31,482 15.00%
High Tech 10% 10,000 11,000 12,100 13,310 14,641 10.00%
Total 13.29% 28,000 31,700 35,905 40,686 46,123 13.29%

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