An econometric analysis for the determinants of flight speed in the air transport of passengers.

ABSTRACT: Accurately determining an aircraft's flight speed is crucial for optimizing airline performance, as it directly impacts factors such as fuel consumption and emissions. Flying at speeds higher than what is recommended by the manufacturer can result in increased fuel burn. However, flying at slower speeds may lead to longer flight times and competitive disadvantages for airlines as passengers typically prefer shorter travel times. This study empirically investigates the driving forces in the decision-making process of airlines when setting flight speeds to reduce costs while maintaining the quality of service provided to customers. We develop econometric models of planned flight cruise speed and actual mean flight speed. We analyze a vast amount of data, comprising millions of domestic fligh

SUBMITTER: de Almeida EE 

PROVIDER: S-EPMC10027277 | biostudies-literature | 2023 Mar

REPOSITORIES: biostudies-literature