V/STOL AIRLINE SYSTEM SIMULATION

This paper describes an economic computerized simulation model of an airline carrier, where a mix of aircraft (CTOL, VTOL, STOL) compete for passenger markets by satisfying a given level of passenger demand and preference. Data inputs consist of: Aircraft characteristics of performance and cost; Route Characteristics of distance, yields, and various routings; Port characteristics by type, size, and location; Passenger preference for out-of-pocket, flight frequency, speed, demand, and value of time; Level of operation defined in terms of both an adequate service to the passenger and a satisfactory return on investment to the carrier. Simulation and dynamic programming techniques are employed. The five steps of the process are: (1) Initialization of input passenger demand; (2) Development of route interaction; (3) Flight evaluation by aicraft types; (4) Flight assignments; (5) System summarization and analysis. A marginal concept is used such that flights are added to the system on the basis of incremental earnings to the system as a whole and not on the basis of individual routes. A major output of the model is the system summaries of revenues and expense. From these data, airline return on investment may be determined.

  • Corporate Authors:

    Lockheed-California Company

    2555 North Hollywood Way
    Burbank, CA  United States  91505
  • Authors:
    • Kahn, J F
  • Publication Date: 1967-10

Subject/Index Terms

Filing Info

  • Accession Number: 00074446
  • Record Type: Publication
  • Source Agency: FLIGHT TRANSPORTATION LABORATORY, MIT DEPT. OF AERONAUTICS AND ASTRONAUTICS
  • Report/Paper Numbers: CA/TSA/009
  • Files: TRIS
  • Created Date: Sep 5 1974 12:00AM