ELECTIVE III:FLEET PLANNING FOR AIRLINES [AE _]

Elective Stream: Aircraft Maintenance

Course objectives:
To conceptualize and visualize the process of fleet planning as applied to scheduled airlines operating aircraft.

  1. Introduction (7 hours)
    1. Fleet Planning- Introduction
    2. Role of Manufacture in Fleet Planning
    3. Resolving conflicts of Time Perspective in Fleet Planning
    4. Coping with the Cycle
    5. The Problem of Stored Aircraft
    6. Size Matters
    7. Anatomy of a Campaign
  2. Fleet Selection Process (5 hours)
    1. Valuing the Assets
    2. Defining overall objectives and Goals
    3. Good Fleet Plan
    4. Key Decision Criteria
    5. Trends in Tools and Data
  3. The Market Evaluation(8 hours)
    1. Setting the Scene
    2. Measuring Production
    3. Macro and Micro Approach to Fleet Planning
    4. Market Segmentation and Spill
    5. Modeling on Single Sector and Network
    6. The Micro Network Model
    7. The Network Matrix
    8. Market Share Modeling
  4. The Aircraft and Airline Product (4 hours)
    1. Getting prepared to conduct the evaluation
    2. The Aircraft and Airline Product
    3. Defining the Aircraft Configuration
    4. Principles of Aircraft Specification and Customization
  5. Aircraft Performance (8 hours)
    1. Importance of Aircraft Performance
    2. Background and Certification Process
    3. Aircraft Weight Build Up
    4. Building the Payload Range
    5. The Airfield Performance Analysis
    6. The En-route performance Analysis
    7. Combining the probabilities
    8. Aircraft Selection
  6. Aircraft Economics (6 hours)
    1. Importance of Aircraft Economics
    2. Cost Classification and Components
    3. Cost and Revenue Management- Methods
    4. Dynamic Fleet Management
    5. Drivers of Aircraft Operating Economics
    6. Spares Provisioning
  7. The Investment Appraisal (5 hours)
    1. Drawing the Threads together
    2. Impact of Aircraft Price
    3. Scope of Investment Appraisal
    4. Residual Values
    5. Choosing the right decision tool
    6. Judgment and Decision Making
  8. Conclusion (2 hours)
    1. Fleet Planning- Art or Science?

Practical:

  1. Industry visit to various Aircraft Operation Department and observe and discuss the various procedures involved in fleet planning and prepare a report. Report criteria to be discussed in the class
  2. Detailed Case Study of specific airline fleet and their planning structure

References:

  1. Buying the Big Jets, Second Edition, by Paul Clark, Ashgate,
  2. John E. Dolce, Analytical Fleet Management , 3rd Edition SAE International
  3. Crainic, Teodor G., Laporte, Gilbert, Fleet Management and Logistics,

Evaluation Scheme:
There will be questions covering all the chapters in the syllabus. The evaluation scheme for the question will be as indicated in the table below:

Chapter

Hours

Mark distribution*

1 & 2

7 + 5

16

3

8

16

4 & 6

4 + 6

16

5

8

16

7 & 8

5 + 2

16

Total

45

80


*Note: There may be minor deviation in mark distribution.

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