Aircraft Efficiency: Operating and Financial Metrics
The Wright Brothers created the single greatest cultural force since the invention of writing. The airplane became the first World Wide Web, bringing people, languages, ideas, and values together.
—Bill Gates, CEO, Microsoft Corporation
Like any other asset, aircraft values depend on two factors: technical efficiency and allocative efficiency. Technical efficiency in this context refers to the operating efficiency of the aircraft itself and operating metrics such as gross takeoff weight, convertibility, fuel burn, maintenance expenses per block hour, consumable parts expense, aircraft wear ...