#TITLE_ALTERNATIVE#
Fractional aircraft ownership concept, where each individual or corporation <br /> <br /> <br /> <br /> <br /> may own a fraction of an aircraft, have revolutionized the corporate aviation <br /> <br /> <br /> <br /> <br /> indu...
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Format: | Final Project |
Language: | Indonesia |
Online Access: | https://digilib.itb.ac.id/gdl/view/14441 |
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Institution: | Institut Teknologi Bandung |
Language: | Indonesia |
Summary: | Fractional aircraft ownership concept, where each individual or corporation <br />
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may own a fraction of an aircraft, have revolutionized the corporate aviation <br />
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industry. For this system, the owners have previlage to schedule their flight <br />
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according to the need. Fractional management companies (FMC) manage all <br />
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aspects of aircraft operations, whether with FMC’s aircraft or with outsource <br />
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aircraft as an alternative. This gives the owners the right to enjoy the benefits <br />
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of private aviations. However, FMC may have complicated business <br />
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requirements that neither commercial airlines nor charter airlines faces. One <br />
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of the main challenges that affects it profitability is how to find the number <br />
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of optimal aircraft, in order to obtain the maximum profit. In this final <br />
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assignment, three kinds of demand scenario are made to represent different <br />
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flight operations from different types of fractional owners. The problem is <br />
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formulated as an optimization of profit to find the optimum flight assignment <br />
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satisfying the weekly demand from the owners. Numerical results are <br />
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obtained by genetic algorithm method. |
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