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Dynamic cost indexing

Cook, Andrew J. and Tanner, Graham and Williams, Victoria and Meise, Gerhard (2007) Dynamic cost indexing. In: 6th EUROCONTROL Innovative Research Workshops & Exhibition, 04 - 06 Dec 2007, EUROCONTROL Experimental Centre, Brétigny sur Orge, France.

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Official URL: http://www.eurocontrol.int/eec/public/standard_pag...

Abstract

This paper describes the development of a generic tool for dynamic cost indexing (DCI), which encompasses the ability to manage flight delay costs on a dynamic basis, trading accelerated fuel burn against ‘cost of time’. Many airlines have significant barriers to identifying which costs should be included in ‘cost of time’ calculations and how to quantify them. The need is highlighted to integrate historical passenger delay and policy data with real-time passenger connections data. The absence of industry standards for defining and interfacing necessary tools is recognised. Delay recovery decision windows and ATC cooperation are key constraints. DCI tools could also be used in the pre-departure phase, and may offer environmental decision support functionality: which could be used as a differentiating technology required for access to designated, future ‘green’ airspace. Short-term opportunities for saving fuel and/or reducing emissions are also identified.

Item Type:Conference or Workshop Item (Paper)
Research Community:University of Westminster > Architecture and the Built Environment, School of
ID Code:5131
Deposited On:16 Jun 2008 15:00
Last Modified:22 Oct 2009 12:05

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