Estimation question

Estimate the number of rideshare rides that happen for airport commutes.

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What this question tests

Tests estimation using a top-down and segmented approach for a specific, well-defined use case within a larger market.

How to approach it

  1. Clarify scope: a specific country or a representative country like the US, and define 'rideshare' as Uber and Lyft combined, as explicit assumptions.
  2. Estimate total daily air passengers nationally using known aviation statistics as a reference point, such as roughly 2 million daily passengers pre-pandemic in the US.
  3. Estimate the fraction using ground transport to or from the airport, versus parking, transit, or being dropped off by family.
  4. Estimate the fraction of that ground-transport group using rideshare specifically versus taxi or shuttle.
  5. Multiply the layers together and adjust for round trips, since each passenger likely generates two rideshare trips (arrival and departure).
  6. Sanity check the result against general knowledge that airport rides are a well-known, sizable segment of rideshare revenue.

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