Airline planners constantly face the problem of assigning an aircraft to a route or flight without knowing whether the number of seats suits actual demand. Even a route with a rather homogenous demand situation may be influenced by trade fairs or sports events, vacation periods or public holidays. As a result, flights could be half-empty or overbooked. In both cases, the airline faces a financial loss, either through high operational costs not covered by passenger revenues, or through foregone revenues due to a limited number of seats.
Now, airlines can achieve a new level of planning efficiency with the latest Lufthansa Systems optimizer, the NetLine Fleet Assigner. A recent benchmark study showed that a mid-sized airline can boost its profitability by up to 600,000 euros per month through the NetLine Fleet Assigner. This substantial amount can be achieved by processing forecast passenger numbers on an O&D (origin and destination) basis, combined with estimates for revenues and operational costs. A high-speed algorithm generates multiple scenarios and shows optimization options based on a flexible rule framework.