• Management Science • Previous Articles    

Study on relationship among aircraft utilization, loading factor and profit of airline

XU Zhiwu   

  1. (School of Business Administration, South China University of Technology, Guangzhou 510641, China)
  • Received:2016-10-14 Revised:2016-11-21 Online:2017-04-22 Published:2017-06-14

Abstract:

Short-term aircraft utilization forecasts can guide the changes of flight schedule and improve the flight loading factors and profits. The airline aircraft utilization and relationship among other indicators are analyzed,establishing the mathematical model by using multiple regression analysis in econometrics. Example calculation results demonstrate that utilization, loading factors and profit appear mathematical relationships, this method can be used to predict future aircraft utilization and the average error is less than 2%.

Key words: aircraft utilization, loading factor, profit, regression analysis

CLC Number: