Which actually starts arriving next year - the new A321's........
It'll be interesting, given that some still seem to equate East's "lower cost contract" with lower pilot costs. Now that MIT has put their "Airline Data Project" website together, which gives cockpit crew cost per block hour for the various airlines and airplane sizes, anyone can calculate which side costs less per block hour for equivalent airplanes after factoring in the mix of aircraft sizes. Those pinning all their hopes of getting the flying from new airplanes on LOA 93 might just be in for a surprise.....
Jim
Hey Jim, just because its MIT doesn't necessarily mean the numbers work correctly. I went over and looked at some of the data. Here is what they said:
"Historically, benchmarking productivity between airlines has been limited to comparing each airline to a select group of carriers that often are arbitrarily chosen to be the comparator group (e.g., “low-cost†airlines). The ADP makes a concerted effort to provide the data and analysis to make meaningful comparisons between companies as well as sectors of the industry and to address a lack of consistent metrics.
To align with unit costs, we assess ASMs (output) per employee (input) for all employees and flight employees. We then take that analysis a step further and assess the number of ASMs produced per dollar of labor compensation.
Calculating the output per employee is only one part of the equation. It is equally important to understand the cost of that output. Often the two produce very different results.
We did not exhaust all of the measurements that could be used to gauge productivity. Instead, metrics within the data-set allow users to make adjustments for seat density and stage-length in addition to the analysis we provide for the 15 carriers included in the industry average. For example, an adjustment for seat density is relevant when analyzing the number of ground employees an airline employs per aircraft.
This section provides each carrier’s data, allowing users to make many other comparisons in addition to those included here."
Industry dynamics such as fluctating fuel costs, dollar exchange rates and I am sure many other factors you can think of probably play an important role not figured in here. But it is a start, however. Thanks for the heads up.
