According to the latest Boeing and Airbus projections, the number of aircraft in the skies will more than double by 2040. In the future, aircraft are expected to be more fuel-efficient, faster, and maybe powered with electric propulsion. The flight from Sydney to London in 1947 took an incredible amount of 4 days, which included two overnight stays on land and four stops for refueling. A flight operated by the Australian airline Qantas has enjoyed the record-breaking trip from London to Sydney nonstop, spending 19 h and 19 min. In addition, the average aircraft size has increased steadily over the past 30 years, with an associated rise in the numbers of seats and aircraft range. Currently, the importance of aircraft fuel efficiency has increased with concerns of climate change and the rise of jet fuel prices. Airlines demand more fuel-efficient aircraft engines. In this chapter, we outline several single-factor ratios that can be used to benchmark aircraft financial and operational performance for both narrow and wide-body aircraft. We have chosen several narrow-body, wide-body and regional aircraft. We demonstrate how these efficiency ratios can be used to compare and benchmark commercial aircraft and lay the foundation for using these metrics as determinants of aircraft value in subsequent chapters. The remainder of the chapter is organized as follows:
Aircraft Financial and Operational Efficiencies
Management for Professionals
2022-03-16
51 pages
Article/Chapter (Book)
Electronic Resource
English
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