Dynamic cost indexing – Managing airline delay costs

Andrew Cook, Graham Tanner, Victoria Williams and Gerhard Meise

Journal of Air Transport Management, 2009, vol. 15, issue 1, 26-35

Abstract: This paper develops a decision-support tool for managing flight delay costs in the pre-departure and airborne phases of a flight. The dynamic cost indexing tool trades accelerated fuel burn against ‘cost of time’ and environmental impact. Many airlines have significant barriers to quantify the various components of ‘cost of time’. There are no industry standards for defining and interfacing the necessary tools. Dynamic estimation of passenger delay costs, delay recovery decision windows and air traffic control cooperation are key constraints. Short-term opportunities for saving fuel and/or reducing environmental impacts are identified.

Keywords: Air traffic management; Cost index; Cost of delay; Emissions (search for similar items in EconPapers)
Date: 2009
References: View complete reference list from CitEc
Citations: View citations in EconPapers (21)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0969699708000975
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:15:y:2009:i:1:p:26-35

DOI: 10.1016/j.jairtraman.2008.07.001

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
Bibliographic data for series maintained by Catherine Liu ().