MIDTERMS - CIVIL AV Flashcards
simply defined as a group of aircraft owned by a specific person, organization, or an airline.
Fleet
Different aircraft models have ___
different features
It is used to determine its capacity to carry payload over a maximum flight distance, or range.
technical performance
The process by which an airline acquires and manages appropriate aircraft capacity in order to serve anticipated markets over a variety of defined periods of time with a view to maximizing corporate wealth.
Fleet planning
What is the goal of fleet planning?
to select the right aircraft, at the right time
Aircraft are characterized by two important features this includes ___ and ___
size and range
Refers to the maximum distance that it can fly without stopping for additional fuel, while still carrying a fair payload of passengers and/or cargo.
Range
Defined by its weight, seating or cargo capacity, as indicators of the amount of payload that it can carry.
Size
[FIRST STEP] An airline or operator will form a generalist group who will lead the fleet acquisition program. It includes:
- corporate planners
- specialists
- finance
- marketing
- engineering & maintenance
- flight operations.
[SECOND STEP] The generalist group will look into four (4) different areas before selecting an aircraft
• Airline’s current resources
• Corporate objectives
• Projected industry environments
• Marketing strategy
Before making any decisions regarding fleet expansion or renewal, airlines need to assess their current resources, including their existing fleet composition, maintenance capabilities, crew training infrastructure, and financial resources.
Understanding the strengths and limitations of their current fleet is essential for determining the type and number of aircraft to add or replace.
Airline’s current resources
The fleet planning process should align closely with the airline’s ___ and ____
corporate objectives and long-term goals
The fleet planning process objective may include
expanding into new markets
increasing operational efficiency
improving profitability
enhancing passenger experience
achieving environmental sustainability targets.
Airlines operate in a dynamic industry influenced by various external factors such as:
- economic conditions
- regulatory changes
- technological advancements
- competitive pressures.
The choice of aircraft can impact factors such as:
- passenger comfort
- onboard amenities
- route network flexibility
- overall brand image.
[THIRD STEP] Once the said group already identified those four areas, they create a model that consist of the following:
- Type of aircraft and number to be acquired
- Time of Acquisition
- Timing of Trade-In or Phase Out of Existing Fleet
When buying aircraft when the aviation market is experiencing a ____ or _____, can provide financial benefits because prices are lower and there may be more options available.
downturn, or a period of reduced demand and lower prices
purchasing during a ____, when demand is high and the market is strong, can result in higher prices and fewer choices due to increased demand and limited availability of aircraft.
peak period
Deciding when to phase out or trade in existing aircraft involves evaluating factors such as
- aircraft age
- maintenance costs
- technological obsolescence
- fuel efficiency.
___ can reduce operational expenses, enhance safety, and improve environmental sustainability by introducing newer, more fuel-efficient models.
Retiring older aircraft at the right time