Aircraft Minimum Prices.

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joefremont
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Aircraft Minimum Prices.

Post by joefremont » Wed Sep 16, 2009 1:08 am

For a long time we have had a problem pricing older aircraft. We normally try to use the current market price but for very old aircraft that are still in use, the market prices are usually for worn out aircraft that have very little time on there airframe. Not for a fully restored, low hour aircraft with many years of life still in them.

To rectify this we have implemented a minimum price for all aircraft based on the engine type and empty weight of the airframe. 150v$ per kg for piston engined aircraft, 225v$ per kg for turbo prop aircraft and 300v$ per kg for jet powered aircraft. If the market price of the aircraft is above the minimum we will use the market price, else the minimum price is used.

Now I expect comments about how this is unfair because it makes older aircraft uncompetitive, my responce to that is that since we implemented the ticket factor which boosts the revenue of older aircraft, we have already corrected for that.
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Vjacheslav
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Re: Aircraft Minimum Prices.

Post by Vjacheslav » Wed Sep 30, 2009 10:52 am

Hi joefremont !

I want to thank you for this change, the only thing I want to note that this is not very noticeable until the system has a multiplier of profit :D

I noticed a strange calculation for two identical Boeing 737-300 with Status 100% :

Boeing 1

http://www.fsairlines.net/index.php5?st ... o&id=28062
Manufacturer Boeing
Type 737-300
ICAO Code B733

Operator Manchester International Airways
Registration G-EZXY
Name
Location EGKK

Passenger capacity 128
Fuel on board 3360 kg
Normal/Econ Cruise Speed 429 kt
Range 3400 nm
Dry Operating Weight 32904 kg
Max Zero Fuel Weight 48308 kg
Max Take Off Weight 63277 kg
Cargo Space 5750 kg

Status 100.0%
Total hours 0.90
Total landings 1
Last maintained

Value 9.867.315 v$
Boeing 2

http://www.fsairlines.net/index.php5?st ... o&id=34871
Manufacturer Boeing
Type 737-300
ICAO Code B733

Operator LATVIAN AIRLINES
Registration N1051PE
Name
Location EETN

Passenger capacity 128
Fuel on board 0 kg
Normal/Econ Cruise Speed 429 kt
Range 3400 nm
Dry Operating Weight 32904 kg
Max Zero Fuel Weight 48308 kg
Max Take Off Weight 63277 kg
Cargo Space 5750 kg

Status 100.0%
Total hours 0.00
Total landings 0
Last maintained

Value 9.870.000 v$

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Quantum
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Re: Aircraft Minimum Prices.

Post by Quantum » Wed Sep 30, 2009 1:02 pm

Hi,

Boeing 1 is not zero hours as it has made one flight and the status has been rounded to nearest decimal point so still shows 100% although it is slightly less. Boeing 2 is zero hors and is exacty 100%.

Regards

John
CEO - Classic British Flight Services
Classic aircraft on Classic routes
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