6.3 Financial Impact

timer Asked: Jul 2nd, 2019
account_balance_wallet $5

Question Description

For this activity, research the web and discuss the financial impact on airline fleet health when scheduled maintenance intervals are not properly managed. Also, address the financial impact encountered when replacing an out of service aircraft to the airlines, business and/or general aviation. What are some of the issues management weigh when they make the decision to replace their aircraft? Remember: when replacing aircraft, there is more to making this decision than just monetary costs.

Tutor Answer

School: Cornell University


Running head: 6.3 FINANCIAL IMPACT

6.3 Financial Impact

6.3 Financial Impact
Maintenance of aircraft is an important aspect of aviation safety. However, Rosales, Yang
& Chen (2007) argue that it is challenging to strictly follow the schedule for maintenance, even
though this has some financial ramifications on fleet health. When the maintenance schedule is not
followed, the rate of deterioration increases to the extent that the aircraft has to be grounded
(Rosales, Yang & Chen, 2007). Grounding of th...

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