Identification of Dimensions of the Optimization of Fuel Consumption in Air Transport Industry: A Literature Review

Abstract

The objective of this paper is to identify the parameters regarding the fuel consumption optimization in air transport industry. Today due to high oil prices, energy crises, boomed competition, and traffic growth, fuel consumption is becoming a critical aspect in aviation industry. Therefore in such a highly competitive environment optimization of fuel consumption is essential in the airline industry for the survival of an airline. This literature reviews the various journals, articles, conference papers, and thesis work etc. related to fuel consumption in aviation industry after the Arab oil embargo in 1973 to 2010. Literature review identifies the several parameters which effect the fuel consumption in airline. This paper also suggests the importance of research gaps and bridging of research gaps for the optimization of fuel consumption. Current research effort for the optimization of fuel consumption needs a holistic model for customized optimization of fuel consumption. For developing the holistic model the study identifies parameters which effect the fuel consumption in aviation industry. This work develops informational framework of optimization of fuel consumption. The evaluation of informational framework will be done in term of reliability and validity checking. The extracted information will further be subjected to factor analysis. This study would form an input for aviation sector to achieve optimal fuel consumption.

Keywords:  Aviation industry, Fuel consumption, Optimization