Money to Burn
Join Date: Aug 2010
Location: Some where
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Seems like Gulfnews is late yet again, Jazeera was charging fuel surcharges for years (literally!), its nothing new.
And the guys comparing the B777 to the A380 fuel burn. What happened to the "more weight = more fuel" theory. Not that significant, but an arguement none the less.
And the guys comparing the B777 to the A380 fuel burn. What happened to the "more weight = more fuel" theory. Not that significant, but an arguement none the less.
Join Date: Feb 2008
Location: S E Asia
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Mines More Economical than Yours etc
Gentlemen,
As one who was previously directly involved in airline economics, permit me my 5 dirham worth..
As pilots we have almost zero ability to assess the costs/revenues or contribution to profitablity of any aircraft. OK, we can guess at Fuel Cost given the burn and price. We can even guess at revenues, but really have no idea what yield is achieved on any given route. There is a monster department in EK dealing with Yield Management,both passenger and cargo,very effectively. Back on the cost side, what about Maintenance Costs - by flight cycle, block hour, periodic? And how about Overflight and Nav Services charges, which are usually based on MTOW. And Landing/Handling charges, also usually based on MTOW. Security Charges? Overheads - salaries and benefits, Commercial, Advertising and Promotion, Office Rentals etc and how each is apportioned to a type or route group?
At the end of the day, all that matters to us is whether we are happy on the aircraft we're on, and whether the salary is paid on time every month. Leave the finance to the office boys - they have the big picture, we don't. And they're welcome to it - I know which job I'd rather be doing!
Now, about that Bonus.......
As one who was previously directly involved in airline economics, permit me my 5 dirham worth..
As pilots we have almost zero ability to assess the costs/revenues or contribution to profitablity of any aircraft. OK, we can guess at Fuel Cost given the burn and price. We can even guess at revenues, but really have no idea what yield is achieved on any given route. There is a monster department in EK dealing with Yield Management,both passenger and cargo,very effectively. Back on the cost side, what about Maintenance Costs - by flight cycle, block hour, periodic? And how about Overflight and Nav Services charges, which are usually based on MTOW. And Landing/Handling charges, also usually based on MTOW. Security Charges? Overheads - salaries and benefits, Commercial, Advertising and Promotion, Office Rentals etc and how each is apportioned to a type or route group?
At the end of the day, all that matters to us is whether we are happy on the aircraft we're on, and whether the salary is paid on time every month. Leave the finance to the office boys - they have the big picture, we don't. And they're welcome to it - I know which job I'd rather be doing!
Now, about that Bonus.......
