Prediction of Commercial Aircraft Price Using the COC & Aircraft Design Factors

Predicting market price of commercial aircraft is important for the analysis of business profit in the development stage of a new aircraft program. Although many factors have been significantly considered, it is difficult to predict the accurate aircraft price because of the uncertainty and many considering factors in the real market.In this study, the price prediction method to assess the value of a new aircraft was based on a comparative approach for the aircraft performance and design factors. Through applying this method, the COC was considered as a key factor because it becomes to be crucial for an airliner's profit due to the recent aviation fuel price rising. In summary, the COC sensitivity analysis was performed using aircraft design factors to see how engineering values and aircraft price were closely related each other.