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