Research on Irregular Flights Cost

With the rapid development of air industry in China, the cost of air carrier delay is a serious and increasing problem. This article analyzes the reasons for irregular flights and the structure of airline operating costs. Based on the available airlines´ financial information, a model has been built to estimate the cost of delay, and the estimated cost of irregular flights for five listed Airlines in the years 2005, 2006, and 2007 are calculated.