Abstract: The air transport industry, a vital global economic component, has evolved significantly over the past century. Operational Research (OR) has played a pivotal role in driving aviation growth, particularly since the advent of the jet era. This paper explores OR’s substantial contributions to air transport, with a focus on scheduling, fleet allocation, hub planning, and queuing theory.
In Section 2, we delve into classic scheduling challenges, including crew assignments and routing. OR’s large-scale optimization methods have propelled this field forward. Section 3 further investigates Hub Planning and Queuing Theory, optimizing flight schedules through both point-to-point and hub-and-spoke systems.
The paper meticulously examines Schedule Planning and Cost Minimization, exploring feasible solutions for crew and plane assignments. Fleet Allocation and Cost Reduction are addressed using network flow problems. Despite its drawbacks, Hub Planning proves advantageous due to efficiency, passenger convenience, and network growth. Additionally, Behavioral Operations Research integrates human behaviour into operational scheduling, especially in seasonality analysis.
The final section introduces Queuing Theory as a powerful tool for analysing airport runway systems amidst the ever-growing air traffic. We discuss key components such as arrival characteristics, waiting line dynamics, and service facility characteristics. Queuing equations are presented to estimate the expected number of units in the system and the queue.
In conclusion, this research paper provides a comprehensive overview of OR’s historical impact on the air transport industry. By highlighting its evolution, challenges, and contributions to scheduling, fleet allocation, hub planning, and queuing theory, we recognize the critical role OR continues to play in shaping the future of aviation.
Keywords: air transport industry, vital global economic component, driving aviation growth, future of aviation.
Title: A STUDY ON APPLICATION OF OPERATIONS RESEARCH IN AVIATION INDUSTRY
Author: Shraddha Sarin, Sakshi Agrawal, Sakshi Goel, Shivam Jhajharia, Sahil Nagpal
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
Vol. 11, Issue 2, October 2023 - March 2024
Page No: 362-367
Research Publish Journals
Website: www.researchpublish.com
Published Date: 12-March-2024
