The holy grail of load factors
On the challenge to measure and steer commercial performance.
Schedules are a key factor in an airline's profits.
They influence many aspects of the company economy like the commercial impact, cost efficiencies, punctuality and indirectly the company's strategic position.
At the same time, schedules also form a threshold for change. So many aspects are tied together via the schedules that one adjustment can easlily lead to a chain reaction of other changes.
That makes schedule optimization one of the most complex topics in airline management.
More about the influence of schedules on company profits here...
Here are some posts with more backgrounds on interesting scheduling subjects:
The holy grail of load factors
On the challenge to measure and steer commercial performance.
Aviation's rise into the unknown
On how this global health crisis forces aviation to innovate.
Wrong indicators grounding airlines
On how airlines in trouble make their situation worse with adverse production cuts.
The optimal turn time does not exist
On improving reliability and efficiency together.
How Route P&L's fool airlines
On the difference between traditional accounting and network reality.
Phantom crew optimization
On needless changes to crew rosters.
Is waste the only remedy for punctuality?
On punctuality and expensive hail-shot remedies.
Sense of peak production
On the negative profit effects of peak flights.
Slacks in Fleet Planning
On hidden inefficiencies in long term fleet planning.
Revenue Management as black box
On missed opportunities in revenue management.
Forecasting the Status Quo
On Traffic Forecasting and the role of data and algorithms.
(c) Schedule Consult Bvba, Belgium