The new operational cost model significantly improves the quality of all cost parameters for flight operations center systems. The Operational Cost Model (OCM) will serve as the future backbone of all Air Centre related delay cost data.
To support this holistic view and initiate precise decision making all the way from flight operations to airline management, a sophisticated operational cost model could provide a place for (and significantly improve the quality of) all cost parameters for flight operations center systems. These cost parameters must represent real values from real-world operations scenarios. On-the-spot data and analysis are required for efficient flight operations. OCM will provide decision support to operations controllers for managing delays and provide visualization of the delay-cost forecast. So operations controllers can quickly understand the impact of delays on costs coming from passenger connections, speedup opportunities, knock-on delays, airport curfews, missing maintenance windows and other factors to help the airline operate on a lowest-cost basis.
How to use the concept