Skip to main content
padlock icon - secure page this page is secure

Free Content Cost Economics of Aircraft Size

Download Article:
The authors study the relationship between aircraft cost and size for large commercial passenger jets. Based on a translog model, they develop an econometric cost function for aircraft operating cost and find that economies of aircraft size and stage length exist at the sample mean of their data set, and that for any given stage length there is an optimal size, which increases with stage length. The scale properties of the cost function are changed considerably if pilot unit cost is treated as endogenous, since it is correlated with size. The cost-minimising aircraft size is therefore considerably smaller, particularly at short stage lengths, when pilot cost is treated as endogenous, and this helps to explain why US airlines expect to accommodate future traffic growth with more flights instead of larger planes.

5 References.

No Supplementary Data.
No Article Media
No Metrics

Document Type: Research Article

Publication date: May 1, 2003

More about this publication?
  • JTEP is international both in terms of authors and readership. Since it first appeared, more than 650 papers have been published from Europe, North America, the Pacific Rim/Australasia, Africa, Asia, and South America. This international variety is also reflected in the readership.

    Published four times a year, the journal covers all modes of transport and a wide variety of economic themes, including: Passenger Transport, Freight Transport, Shipping, Aviation, Transport Infrastructure, Environment & Energy, Traffic, Planning and Policy, Safety, Costs & Pricing, Competition, Evaluation, Productivity, Demand & Elasticities, Service Quality, Economies of Scale, Economics Regulation and Choice.

    A complete indexing and article service is available FREE from 1967 to 2000

  • Editorial Board
  • Submit a Paper
  • Subscribe to this Title
  • Library Recommendation Form
  • About us
  • Ingenta Connect is not responsible for the content or availability of external websites
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more