Speaker Biograghy: Goran is a graduate in Quantitative Economics with an interest in innovation, technology and aviation. He studies airline operations and disruption management, and his research is orientated around the suitability of powerful statistical methods for achieving cost gains and improving efficiency.


Day 1 - 15 March
Session: Management & Operations

09:10 - 09:35 - Cost of delays – worldwide overview and on-time performance significance
Synopsis: The presentation starts by introducing a model for estimation of costs to airlines due to delay. It continues by introducing summarised cost estimates due to delay per region of the world. Several statistics and implication effects are further presented and discussed. The presentation concludes with the summarised worldwide overview and statistics of delay. The study was performed on approximately 150 worldwide airlines and is the first study of costs of delays to include all regions of the world. The model is developed in a realistic and conservative manner so as not to overvalue delays.

Audience will learn:

• Cost estimates for airlines per region and worldwide
• Implication of on-time performance scores for the costs of airlines
• Elements and determinants of delay and costs due to delay
• Important correlations in disruption management