An Economic Cost Model for Using an Airplane via Lease-Back, Ownership, or Rental Arrangements “Case Study”

Authors

Mitchell L. Rieder '81, Harvey Mudd College
Randolph R. Wagner '81, Harvey Mudd College
Donald S. Remer, Harvey Mudd CollegeFollow

Document Type

Article

Department

Engineering (HMC)

Publication Date

1982

Abstract

Purchasing or renting an airplane in the present economic climate is a major financial undertaking. This paper presents a mathematical model implemented in a FORTRAN program, which allows the reader to compare the costs per hour of flying a plane under different conditions of use. The paper also examines trends in the costs per hour as a function of use and methods of access.

Rights Information

© 1982 Taylor and Francis

Terms of Use & License Information

Terms of Use for work posted in Scholarship@Claremont.

DOI

10.1080/00137918308956063

Recommended Citation

Reider*, M. L., Wagner*, R. and Remer, D. S., "An Economic Cost Model for Using an Airplane via Lease-back, Ownership, or Rental Arrangements - Case Study," The Engineering Economist, 28, 101 (1983). doi: 10.1080/00137918308956063