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Experience with a multi-year fleet planning model

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  • Schick, GJ
  • Stroup, JW

Abstract

The fleet planning problem requires determination of the changing airline fleet mix based on existing traffic levels and projected growth, on the existing fleet, various aircraft types available in the future, and other operational and financial considerations. Several applicable mathematical formulations have been reported. One of these has been programmed for the computer and used by the authors for several years. This paper discusses the application of that model to real airline planning situations. Such practical experience has effected changes in the program and the manner it is used in fleet planning studies.

Suggested Citation

  • Schick, GJ & Stroup, JW, 1981. "Experience with a multi-year fleet planning model," Omega, Elsevier, vol. 9(4), pages 389-396.
    • Handle: RePEc:eee:jomega:v:9:y:1981:i:4:p:389-396
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    1. Rosskopf, Michael & Lehner, Stephan & Gollnick, Volker, 2014. "Economic–environmental trade-offs in long-term airline fleet planning," Journal of Air Transport Management, Elsevier, vol. 34(C), pages 109-115.
    2. Barber, Michael N., 1985. "Phenomenological renormalization of multi-parameter systems," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 130(1), pages 171-193.
    3. Ceder, G. & Dreyssé, H. & de Fontaine, D., 1993. "Triplet interactions and the c(2×2) overlayer phase diagram," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 193(1), pages 105-113.
    4. Wang, Jian-Sheng & Nielaba, Peter & Privman, Vladimir, 1993. "Locally frozen defects in random sequential adsorption with diffusional relaxation," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 199(3), pages 527-538.
    5. Blöte, H.W.J & Nightingale, M.P, 1982. "Critical behaviour of the two-dimensional Potts model with a continuous number of states; A finite size scaling analysis," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 112(3), pages 405-465.
    6. Du, Jia Yan & Brunner, Jens O. & Kolisch, Rainer, 2016. "Obtaining the optimal fleet mix: A case study about towing tractors at airports," Omega, Elsevier, vol. 64(C), pages 102-114.
    7. Igloi, F. & Vanderzande, C., 1986. "Renormalisation group study of the (2+1) dimensional Potts model," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 135(2), pages 347-358.
    8. Sa, Constantijn A.A. & Santos, Bruno F. & Clarke, John-Paul B., 2020. "Portfolio-based airline fleet planning under stochastic demand," Omega, Elsevier, vol. 97(C).
    9. Geursen, Izaak L. & Santos, Bruno F. & Yorke-Smith, Neil, 2023. "Fleet planning under demand and fuel price uncertainty using actor–critic reinforcement learning," Journal of Air Transport Management, Elsevier, vol. 109(C).

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