Abstract
Passengers and Airlines wish neither delay nor cancellation due to aircraft defects. However, about 1 delay or cancellation case occurs out of 100 departures worldwide whereas 1 quarter case does in Korean domestic industry. Independent LCC carriers in Korea have almost double case. Most cases are recovered by replacing aircraft components. Airlines have prepared the spare components based on the reliability data by manufacturers to rectify defects or perform preventive maintenances. The total value for initial spares including engine is 40% of the aircraft price when they operate less than 5 aircraft. The more airlines operate the aircraft, the less the ratio of the investment for spares reflecting the economy of scale. This study intends to suggest how to improve the efficiencies as well as the safety of LCC throughout parts pooling including engines.
