WEAKEST FLEET LINE MODEL
Shows the practical relationship between fixed costs and flights, while assuming a fixed schedule.
WFL sorts the flights by integral network
value, allocating them to the fleet lines and sorted by joint value within the context of the
planning. So the top line will contain the set of flights that form an operable fleet line, with
the highest joint value.
Similarly, the bottom line will contain the set of flights that have
the lowest joint value. If you were forced to reduce the number of aircraft, this is the set of
flights that needs to be cancelled in order to create the largest benefit.
WFL provides a wealth of information for network
optimization:
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Which flights to optimize? It is perfectly conceivable that
the strongest flight in the network will be on the weakest line. Or the weakest flight of the
network on the strongest line. That is because WFL by-passes flight sub-optimization. It doesn't
help to optimize one successful route, without looking at the price of lost opportunities. WFL
discloses these side-effects.
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Alternative planning possibilities: WFL is also used as
selector for the best set of flights. All options can be entered and WFL picks the best total
production package. This is also interesting for charter companies, during negotiations on high
season series. WFL will sharply trade-off series lengths, yields, and departure times.
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Optimal Fleet size: With this model it is easy to
define the optimal number of aircraft units of each type. It will clearly identify the margin of
the weakest fleet lines, showing exactly which aircraft are still profitable and which are
not.
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Fixed cost trade-off: The complexities of network
profitability hinder a clear sight on fixed costs. The allocation based on blockhours or on elapsed
time is highly artificial. Judging flights on contribution is not satisfactory either. WFL provides
crystal clear answers to these questions.
This model is the ideal inroad to optimization of the production planning.