Category: Aviation Management
Protected: ISO 9001:2015 Quality Management System (QMS) Foundation Training Review
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Air Traffic Difficulties in Europe
[Ref. Flight International Magazine 14-20 Apr 2020] One-third (1/3) of all air traffic management delays in Europe is due to Weather (WX) Weather consistently generates up to one-third (1/3) of all air traffic management delays across the European network, according to the Eurocontrol Network Manager. Weather events are becoming more unpredictable in their timing and […]
What’s Air Operators Certificate (AOC)?
[Ref CAD HK, CAD360 Introductory] Air Operators Certificate (AOC) holder is the operator who are certified by Director-General of Civil Aviation (DGCA) [i.e CAD] to fly for the purpose of public transport. According to HKCAD webpage: An aircraft registered in Hong Kong may not fly for the purpose of public transport unless the operator holds […]
Basic Airline Profit Equation
[Ref. The Global Airline Industry Edited By Peter Belobaba, Amedeo Odoni and Cynthia Barnhart © 2009 John Wiley & Sons, L td. ISBN: 978-0-470-74077-4] Operating profit = RPK x Yield – ASK x Unit cost The equation is applicable for any industry – operating profit is the total revenue minus total operating expense. Please be […]
What’s ATK?
[Ref. The Global Airline Industry Edited By Peter Belobaba, Amedeo Odoni and Cynthia Barnhart © 2009 John Wiley & Sons, L td. ISBN: 978-0-470-74077-4] Available Tonne Kilometer (ATK) is defined as the output in units of cargo airlines. ATK is actually a similar concept to the ASK in passenger airlines.
What’s RTK (or RTM)?
[Ref. The Global Airline Industry Edited By Peter Belobaba, Amedeo Odoni and Cynthia Barnhart © 2009 John Wiley & Sons, L td. ISBN: 978-0-470-74077-4] Revenue Tonne Kilometer (RTK) is defined as 1 tonne of cargo transported 1 kilometer Revenue Tonne Kilometer (RTK), is also known as Revenue Ton mile (RTM). The concept is similar to […]
What’s Load Factor ? [Operations Management]
[Ref. The Global Airline Industry Edited By Peter Belobaba, Amedeo Odoni and Cynthia Barnhart © 2009 John Wiley & Sons, L td. ISBN: 978-0-470-74077-4] Load factor is the ratio of traffic to output – i.e RPK to ASK, which representing the proportion of airline output that is sold or consumed: Load factor = Traffic / […]
What’s Unit Cost?
[Ref. The Global Airline Industry Edited By Peter Belobaba, Amedeo Odoni and Cynthia Barnhart © 2009 John Wiley & Sons, L td. ISBN: 978-0-470-74077-4] Unit cost, which is an important measure of cost efficiency, both over time and across airlines. It’s defined as the total operating expense divided by the ASK produced by an airline, […]
What’s ASK (or ASM)?
[Ref. The Global Airline Industry Edited By Peter Belobaba, Amedeo Odoni and Cynthia Barnhart © 2009 John Wiley & Sons, L td. ISBN: 978-0-470-74077-4] Available Seat Kilometer (ASK) is the most common measure of airline output (capacity). It’s defined as one available seat flown 1 kilometer: ASK = Num. of seat available x KM traveled […]