Critical limit assessment and optimization of airline fleet service strategy

Abstract

Given the recent changes in the world, it is fair to say that there have been many changes in air transport. It is a fact that there is a great intensity of demand in the civil aviation sector, especially with the increasing demand for fast transportation trends. On the other hand, reasons such as the pandemic that affected the whole world and the disruption of air transportation made operations expensive, affecting operations on a sectoral basis and the world economy. It is known that although many airlines went bankrupt under these conditions, new airlines were also founded. In this study, a fleet analysis using the Response Surface Methodology and the Load factor Profitability Rate is conducted to examine the purposes of the existing airlines’ fleet structures and what is required to build a fleet. The main reason for all these discussions is to show the most realistic parameters and limits to ensure the economic sustainability of airlines. The Response Surface Methodology was used for fleet analysis and optimization for the first time in the literature.