 Economic–environmental trade-offs in long-term airline fleet planningMichael Rosskopf, Stephan Lehner and Volker Gollnick Journal of Air Transport Management, 2014, vol. 34, issue C, 109-115 Abstract: We examine the balancing of economic and environmental goals in long-term airline fleet planning. A multi-objective linear programming model optimizes fleet composition, fleet development, and fleet employment for a 10-year planning horizon. Model inputs include flight plan data, operational, technical, and cost parameters, existing fleet aircraft, and the availability of new, more efficient aircraft. The model determines trade-offs between an economically and an environmentally optimal fleet plan depending on user-defined weightings. Varying these weightings provides alternative Pareto-optimal fleet plans. An example for a major European airline shows that it would have to deviate by approximately 3% from its economic optimum to achieve a 6% improvement in the environmental goal. The study provides insights for policy makers when setting environmental targets for airlines and developing mechanisms to encourage environmental commitment. Keywords: Airline fleet planning; Environmentally conscious fleets; Aircraft replacement; Balancing goals; Multi-objective optimization (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:34:y:2014:i:c:p:109-115 DOI: 10.1016/j.jairtraman.2013.08.004 Access Statistics for this article Journal of Air Transport Management is currently edited by Anne Graham More articles in Journal of Air Transport Management from Elsevier |
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