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Introduction of Airline Fleet Planning

Category: Corporate Governance Paper Type: Report Writing Reference: IEEE Words: 300

        The benefits of fleet planning to an airline cannot be underestimated bearing in minds it is the determinant of its profitability. One of the fundamental aspects of airline sustainability is to match its passenger demands and handling capacity to the prevailing market conditions.  This has a bearing on the profitability of the airline which enhances competitiveness. Acquisition of aircraft carriers in a new airline is expensive and as such, the benefits derived from lowering costs of operations go a long way in enabling successful acquisition (Clark 2017).  In order for airlines to reduce costs of operations, it is imperative for them to adopt a rational fleet planning process taking into considerations the prevailing market conditions. Fleet planning requires consideration of diverse conditions such as the aircraft performances, commonality, market evaluation, finances and aircraft economies.

        The operating environment and the market of a new airline can be determined in the short run, but a perceived difficulty is attained in determining the long run operating conditions.  In order to overcome the vacuum between increasing flexibility in resources and the uncertainties in the market, strategic planning is vital in the operations of an airline. This report provides an analysis of the best aircraft to be used in the new airline discussed herein.  The study evaluates the economies of operating two aircrafts, Bombardier CRJ 1000 and the Airbus A320. This is the rationale behind the selection of the suitable aircraft to be used in this airline, and which forms the basis of the decision making in the aforementioned airline.

References of Airline Fleet Planning

[1]

P. Clark, Buying the big jets: fleet planning for airlines. Routledge, 2017.


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