STUDY OF SHORT-HAUL AIRCRAFT OPERATING ECONOMICS: PHASEⅡ- AN ANALYSIS OF THE IMPACT OF JET MODERNIZATION ON LOCAL SERVICE AIRLINE OPERATING COSTS

摘要

Up until the last decade, the rapid growth of airline passenger demands and the introduction of newer, higher-technology aircraft into air¬line operations always increased at a faster rate than did airline prices, so much so that inflation was never considered as a variable in future airline decision-making. This picture began to change in the late 1960s and quite markedly in the early 1970s, to the point where planned advances in aircraft research and technology seemed incapable of offsetting operating cost increases for the commercial airlines.nIn order to quantify this technology-cost interaction in a limited portion of the air transportation spectrum, a cost forecasting model was developed as part of this study in order to provide an assessment tool for measuring the impact of inflation, technology (new airplanes) and fuel price, and to provide a relevant and systematic way of considering the technology-cost-inflation problem that has existed in the past.