PROJECT OVERVIEW - AIRCRAFT LEASING & PURCHASING: IMPLEMENT A FLEET STRATEGY
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AIRCRAFT LEASING & PURCHASING: IMPLEMENT A FLEET STRATEGY
LAUNCH DATE : FEB 2017
PRIMARY TARGET : Airlines
PROJECT FUNCTIONAL AREA : Network Planning & Flight Operations, Aircraft Lease, Others, Contract Management
PROJECT FOCUS : Fleet Planning, Airline Strategy, Aircraft Purchasing & Financing
PROJECT SPONSOR : AEROGESTION
FLEET STRATEGY IS ONE OF THE KEY COMPONENTS OF AN AIRLINE'S BUSINESS PLAN.
Any fleeting decision must take into account numerous parameters such as the airline's marketing & sales strategy, its planned network, traffic forecasts, product positioning, aircraft market availability, etc.
A successful fleet acquisition strategy will lead to the airline having the right plane at the right time at the right cost.
Presentation Aerogestion (en français)
AEROGESTION has been accompanying airlines in their fleeting strategy decisions for more than 20 years in situations as diverse as the launch of a new airline, the development of an airliner's network or the need for the airline for renewing its fleet.
AEROGESTION is able to provide a specific assistance in fleet definition, financing, aircraft research or cabin layout.
AEROGESTION will assist the management of the entire project at each one of its stages, from technical and operational evaluation to fleet economics evaluation, commercial negotiation and contractual advices.
Aircraft selection is an iteractive process to elect the best scenario.
The following components must be taken into account:
- GDP growth
- Connecting strategy
- Competition assessment
- O&D forecast
Cabin and market trends
- Passenger expectations trends
- Comfort segmentation
- Competition landscape
- Cabin trends (IFE, connectivity …)
- Airline branding
- Cabin requirements
- Route opportunities
- Traffic evolution on each route
- Capacity versus frequency
- Network and capacity evolution
Fleet mix & fleet plan
- Number of modules and modules size
- Fleet evolution over time
- Fleet plan
Aircraft evaluation is a thorough process to limit the risk of having any post-delivery surprise.
- Product definition (seat type, cabin split, seat width, seat pitch)
- Service requirement (galleys, trolley ratios)
- Other design assumptions
- Detailed cabin layout
Specifications / Options
- Standard spec content
- Cabin options
- Operation options (e.g. CLS, HUD, RNP, ROPS)
- Customized MWE
- Customer changes
- OWE assessment
- Definition of assumptions (Flight profile,
- Pax & volumetric assumptions..)
- Low speed performance
- Payload and mission performance
- Design weights
- Maintenance costs projections
- Technology and maintenance program
- Fuel, maintenance, navigation, landing,
- handling charges costs evaluation
- Cost comparisons
The ultimate goal of fleet evaluation is to find the most profitable solution resulting from the best compromise between all the different options
- Crew training
- Maintenance crew training
- Initial investment
- Commonality and recurrent savings
- Reconfiguration costs (leased a/c, used a/c)
- Transition costs and savings
Aircraft financing considerations
- Lease vs. buy
- Financing strategy
- Investment plan
- Delivery slots
- Engine concession
- Maintenance proposal from engine manufacturers
- Maintenance proposal from aircraft manufacturers
- Support packages to introduction
- Prices and delivery scheme
- Cost escalation and fuel price forecast
- Revenue analysis
- Cash flow
- Scenario comparison
Experts / companies available for this project
Aérogestion is an independent consulting practice founded in 1996 by Marc Rochet and Dominique Gretz with the help of former collaborators from the airline industry. Aérogestion has developed a recognised expertise in the industry by accompanying first and foremost the success of French airline in their development or restructuring projects. The practice has developed its services in the international environment and more specifically on the African continent. Parallel to this geographical development, the practice has broadened its competencies, particularly in the field of Revenue Management, which constitutes today a recognised centre of excellence where Aérogestion practices for several airlines. At present, the practice counts more than a dozen consultants with an average of 20 years of expertise in their field and with competencies covering all of the fields of the industry, such as airline management, sales and distribution, airline operations, airline restructuring or change management. Aerogestion's vocation is to become the airline's partner to accompany the airline in each and every key step of its business or of its investments.