Air Taxi Business Model

Optimizing air taxi operation demands both costefficiency and operational agility. Optimizing economic efficiency and versatility is the result of a combined effort of optimizing the air taxi net, using variable schedules for planning flights, and using an effective airline disposition algorithms.

Air taxi business demands that the effects of timetable dynamism on operation are minimised. Using these demands, the best way to solve the air taxi optimisation issue is through a dynamical programmer interface. Therefore, a dynamical program algorithms was developped for this project. By simulating a real-world case scenario, this algorithms was able to generate optimizations of costs, windowing, and a robust business plan.

In a case studied, the algorithms have proved to be cheaper and more agile than the current best one. Normally, under standard operational circumstances, there is an avarage 5.5% saving in the costs of empty leg. Adding a two-hour operational windows increase consumer adoption by 2-3%.

You can use this versatility to reduce the liquor volume, which further reduces costs. Above all, the newly designed algorithms are better able to cope with unexpected disturbances and minimize their adverse impact. It is able to execute 60% of disturbed flight instead of 25% provided by the latest schedule management software. However, the algorithms that have been designed do not ensure an optimum result.

All algorithms sacrifice 5 to 10% power in optimizing costs. Compensating for the loss of optimal costs, the algorithms provide air taxi owners with the operating reliability and versatility needed in the air taxi industry.