Reducing Operational Fuel Costs of Airlines: A Model for Monitoring and Managing Fuel Consumption Using Unified Modeling Language

Abstract

The economical balance of airline operators is fragile because of their presence in a highly competitive environment and high fixed and variable costs. The ability of airline companies to cope with high competition by providing economic equilibrium depends on operational efficiency. One of the major operational costs of airlines is fuel. Some of the reasons leading airlines to fuel economy are fuel prices and environmental factors. Airline operators have to control fuel consumption without falling outside the scope of operational procedures and safety rules. For this reason, airline operators are constantly looking for ways to reduce fuel costs, which is a key component of service delivery costs. At the beginning of this quest is to increase the effectiveness of the operational processes. In the first part of the study, the reasons leading airlines to fuel economy were examined. The second section, lists the ways in which airlines save fuel. In the last part, a fuel management model proposal was made using a unified model language to develop a computer software. At the end of the research, developed unified model will provide decision support for monitoring and managing fuel consumption and costs.