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Getting To Grips With The Cost Index

Today's tough competitive environment forces airlines to consider operational costs in every facet of their business. All ways and means to achieve this goal have to be rationally envisaged, safety being of course the prime factor in any airline operation. A wide spectrum of considerations intervene in this process stemming from airline economics, marketing management, crew scheduling, flight operations, engineering and maintenance management, technical condition of aircraft. The idea behind this document is to revisit the cost index concept with a view towards balancing both fuel- and time-related costs.

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