Description

Aircraft operation costs are the sum of all the costs incurred while operating an aircraft. They consist of direct costs such as fuel, maintenance, crew compensation, and landing charges, as well as indirect costs such as insurance, hangar rent, and depreciation. It is important for airlines, private operators, and fleet managers to know the costs in order to make a profit and ensure effective utilization of resources. Airlines consider various factors such as airplane type, flight time, and route configuration in determining these costs. Efficient cost control, in addition to enhancing financial performance, aids in the pricing of tickets competitively and upholding safety standards.