Having an effective airline fleet planning is of the utmost importance in order for an airline company to be profitable and thrive. Considering how airline fleet planning is directly related to the manner in which an airline company purchases new aircraft and decides its routes, it is imperative to evaluate all the factors involved in such planning. Profitability is one of the main goals of an airline company and can be attained by means of a carefully planned aircraft selection. Airline routes are also an essential element enabling an airline company to maximize its profits. The following report examines and analyzes airline fleet planning in order to observe how airline companies organize their fleets, and how factors such as fuel consumption, routes, range, and seat capacity are all taken into consideration by airline companies when purchasing new aircraft. Through research covering multiple scholarly journals, books, and websites, the analysis presented in this report will assist airline companies in determining the best manner in which to purchase new aircraft and plan its fleet.
Keywords: airline fleet planning; airline routes; airline seat capacity; aircraft fuel consumption; aircraft route; airline range, aircraft purchase
Airline Fleet Planning: An Effective Approach to Aeronautical Science
The aviation industry began to flourish during the early nineteenth century when many airlines were established in order to take advantage of a growing and
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In this assignment I was assigned the task of comparing 2 different airlines, one being a full service carrier and the other being a lost cost carrier, from United States of America, namely the Delta Airlines and South West Airlines. The points of comparison were market strategies, financial benefits, load factors, contrasting yield, revenues and passenger/cargo loads. The analysis was done on the business model and a long term strategy. Through this it would be known that which airline is performing better than the other. The disruption of air travel through various incidents like the terrorist attacks and global downturn, which can be considered as economic, political and social conditions, effect airlines adversely.
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