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- W598419170 abstract "Aircraft acquisition and route network decisions require airline managers to heed many factors. Simple ones such as economies of aircraft size, route distance, and aircraft loading are intuitive, but can often be confounded by more complex considerations such as passenger demand responses (to fare and frequency changes), and the S-curve effect (the relationship between flight frequency share and market share). In choosing the best aircraft type to operate a route, trade-offs are involved. To understand the financial implications of these trade-offs, data such as the direct cost of operating an aircraft on a route are required. Cost estimates can then be combined with other data, such as passenger (and revenue) forecasts, to help guide profit maximising decisions. AEROCOST 2 is a model developed by the BTCE to estimate aircraft direct operating costs. The mathematics of AEROCOST 2 are briefly discussed in this paper, and the model used to illustrate the costs (and the trade-offs) in decisions which allocate an aircraft type to an air route." @default.
- W598419170 created "2016-06-24" @default.
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- W598419170 date "1997-01-01" @default.
- W598419170 modified "2023-09-24" @default.
- W598419170 title "Analysing the economic trade-offs in aircraft choice" @default.
- W598419170 hasPublicationYear "1997" @default.
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