FLIGHT-X can calculate the Direct Operating Costs (DOC) of the airplane, on the basis of over 40+ cost parameters, which are established in a configuration file that can be found in the airplane model sub-folder. The parameters that are considered in the DOC analysis include:
Currency, aircraft cost, current fuel price, fuel price inflation, fuel shock price and corresponding fiscal year, insurance costs, spare parts on category I (airframe, landing gear, tyres), spare parts on category II (engines, APU, lubricants), spare parts on category III (avionics, systems, modernisation, refurbishment); aircraft life-time, depreciation, financing, interest rates, mortgage life-time, crew costs on category I (pilots and co-pilots), crew costs on category II (flight attendants), off-station costs (overnight out of position); labour rates on category I (power plant), labour rates on category II (in house), labour rates on category III (outsourced); flight services costs, ground services costs, average stage length. FLIGHT-X estimates the following:
FLIGHT-X accounts for the following externalities:
The figure below shows the estimated ticket price required to break even for a hypothetic aircraft costing 27 million dollars, acquired with internal financing (20%) and external financing (80%) over a period of 10 years, assuming that the aircraft operates as a commuter over stage lengths of 200 n-miles without significant commercial freight. A shock oil price of 25% is forecast on year 2. A risk analysis is possible by using stochastic data of the parameters. Figure 1 shows a typical result.
Note that carrying extra fuel weight will cause additional emissions on the outbound flight, and this option has been publicly discouraged in the recent past.
ASSUMPTIONS ON WORK PRACTICES
TENTATIVE DAILY SCHEDULE