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Aircraft Variants and Manufacturing Specifications

In: Aircraft Valuation in Volatile Market Conditions

Author

Listed:
  • Bijan Vasigh

    (Embry-Riddle Aeronautical University)

  • Farshid Azadian

    (Embry-Riddle Aeronautical University)

Abstract

Choosing the right aircraft is crucial for management in ensuring reliable on-time services hence a stream of revenue and profit. Airlines should develop a comprehensive range of models that allows them to assess the financial and operational impact of flying different aircraft types. Several attributes of an aircraft, including the aircraft size, commonalities, cost, revenue, along with operational specifications such as range, payload, fuel efficiency, and the potential for generating ancillary revenue, must be considered. Furthermore, exogenous factors such as the spread of communicable diseases, economic and population growth, air transport liberalization, privatization, passenger bills-of-rights, regulations and deregulations, legal restrictions and labor restrictions are critical to the aircraft selection and valuation process.

Suggested Citation

  • Bijan Vasigh & Farshid Azadian, 2022. "Aircraft Variants and Manufacturing Specifications," Management for Professionals, in: Aircraft Valuation in Volatile Market Conditions, chapter 2, pages 67-112, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-030-82450-1_2
    DOI: 10.1007/978-3-030-82450-1_2
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