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