Airline delays cost the industry US$25 billion in 2014, according to a new study by Frankfurt-based consulting company Aviation Experts.
Its Airline Study 2014 focused on on-time performance, delay costs and emerging markets. The figure of US$25 billion of costs that were incurred due to delays worldwide. Aviation Experts suggests enhancing internal processes ccould help improve punctuality and thus reduce these costs.
It's on-time performance study, examining almost 130 airlines, arrived at the figure by adding the total delays. “Many delays are caused by circumstances that are beyond the control of the airline, like severe weather conditions,” said Benjamin Walther, chief executive of Aviation Experts. "But apart from these circumstances airlines can also contribute to improve their punctuality and thus save costs. This can be achieved by optimising their operational processes like network planning, operations control, maintenance, ground operations and the like.
"About a quarter of all delays recorded in the US were so-called Air Carrier Delays caused by internal processes such as maintenance, cabin cleaning, loading or refuelling. At this point, processes can be improved, for example by using state-of-the-art hardware and software systems to respond better and faster to irregularities or to avoid them from the start. After all, operational excellence is a key factor for leadership of an airline.
The Airline Study compares the on-time performance on a global and regional level, illustrating also the delay costs. In addition, it provides a detailed analysis of selected airlines, the major airline alliances, a comparison of low-cost and legacy carriers as well as a spotlight on emerging markets.
Airline delays cost the industry US$25 billion in 2014, according to a new study by Frankfurt-based consulting company Aviation Experts.
Its Airline Study 2014 focused on on-time performance, delay costs and emerging markets. The figure of US$25 billion of costs that were incurred due to delays worldwide. Aviation Experts suggests enhancing internal processes ccould help improve punctuality and thus reduce these costs.
It's on-time performance study, examining almost 130 airlines, arrived at the figure by adding the total delays. “Many delays are caused by circumstances that are beyond the control of the airline, like severe weather conditions,” said Benjamin Walther, chief executive of Aviation Experts. "But apart from these circumstances airlines can also contribute to improve their punctuality and thus save costs. This can be achieved by optimising their operational processes like network planning, operations control, maintenance, ground operations and the like.
"About a quarter of all delays recorded in the US were so-called Air Carrier Delays caused by internal processes such as maintenance, cabin cleaning, loading or refuelling. At this point, processes can be improved, for example by using state-of-the-art hardware and software systems to respond better and faster to irregularities or to avoid them from the start. After all, operational excellence is a key factor for leadership of an airline.
The Airline Study compares the on-time performance on a global and regional level, illustrating also the delay costs. In addition, it provides a detailed analysis of selected airlines, the major airline alliances, a comparison of low-cost and legacy carriers as well as a spotlight on emerging markets.
