What is a COST INDEX and how AIRLINES use it?! Explained by "CAPTAIN“JOE
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- Опубліковано 10 тра 2017
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Dear friends and followers, welcome back to my channel, today´s question is another very important one, especially if you are wanting to become an airline pilot, you´ll be dealing with this topic a lot.
What is a cost index and how does it influence the planes´ performance. I´ll go over some basic details on what defines the cost index, like flight operational costs, what they are made of and how they have an impact on daily flight operations. Another very big part of the cost index calculation is the current fuel price. As fuel is the denominator in the division, it has the bigger impact on changing the value of the cost index.
So I´ll show you an example on how to perform such a cost index calculation.
You can say, the cheaper the fuel the higher the cost index, the faster the plane will fly, the shorter the flight time.
The more expensive the fuel, the smaller the cost index becomes and the slower the aircraft will fly to become more economically efficient.
Next then will be to look at on how the cost index affects the planes´ flight profile.
KEY NOTE:
LOWEST COST INDEX and the aircraft will fly at maximum range cruise but relatively slow.
HIGHEST COST INDEX and the aircraft will fly at maximum cruising speed giving you the shortest flight time at the highest fuel burn.
The cost index value ranges from 0 - 999 and has to be typed in the FMS ( Flight management system ) via the MCDU ( Multi Control Display Unit ) on the Airbus.
I hope I was able to explain this topic as simple as possible, cause this for sure is a difficult topic.
Thanks for watching, all the best your "Captain" Joe
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A350 1000 TAKE-OFF Video by @hamburgvideoHD please check out his amazing youtube channel with great videos like seen here! - Наука та технологія
YAY the captains back!
Double yay!
Hussein Warsama Triple YAY!
Danny Ly Quadriple YAY!
quadruple YAY!
You mean co-pilot Joe.
Nice to see you back Joe! It's brilliant how you make complicated aviation stuff become very simple to understand.
THANK YOU JOE ! That was an unanswered question for me ;) Hope that will help me in my ATPL course ^^
Sc Ar from which school are u becoming pilot
ENTERTAINMENT BY MSA Aeroformation in Bron (LFLY), France :)
Thanks for telling
Finland spottedddd. love from finland💗
Suomi mainittu
Jep
I love my 'Joe' 😘
Do a video about flight speeds/takeoff speeds/ landing speeds etc
Okay thanks but other speeds would be nice
Hello Cpt Joe we missed you. hope to make a video about how to start up an airbus or a boeing :D keep it up
Hey Joe, great video as always, I wondered if you could make a video about aircraft leasing, and what are its differences with buying.
Last evening, I got to fly in a B-737 flight simulator, and the instructor was explaining the Cost Index in the FMS, it was very interesting, and your explanation goes further in depth, thanks!
I hope you had a good time in my city (NYC). I plan to be a pilot for Delta or American Airlines one day. Flying multiple aircraft should be fun!
Hatte ich ja noch nie drüber nachgedacht... mega interessant! Vielen Dank dafür 👍
Perfectly put! Thanks.
Fantastically explained video..thank you joe
Finnair! I am from Finland! Yay! Nice video, Captain!
Hi Joe, great video as always! Would you be able to make a video on certain airline procedures, such as single engine taxis or packs off takeoffs and how they affect the airplane/airline. Thanks!
finally. i've been waiting for new video for 2 weeks
Another great video! You would be surprised how often pilots have no idea what Cost Index means.
However one should keep in mind that only VARIABLE expenses should be taken into account for the upper part in the equation. This includes aircraft leasing cost per flight hour, hourly payments for crew, and maintenance which is done according to flight time (all those expenses which reduce with reduced flight time), however landing fees, fixed salary or ground handling is not calculated as airline will have to spend money on in regardless of how fast an aircraft flies :) Measurement units are €/minute.
Also, price of one kilogram of fuel (€/kg) should be entered for the lower part of the equation, which finally gives Cost Index with measurement units of minute/kg. This varies between different aircraft manufacturers, but the main idea is the same as in the video!
Mindaugas Petražolė Which pilots are you referring to? (Having no idea about CI)
Welcome back Joe.Fascinating video.Soo much goes into flying a commercial jet.
Thank you so much Captain Joe 🙏✈️🙏
Hi Captain Joe: Just cruising You-Tube when I came across your videos that are fantastic, very educational, look forward to more of your videos, thank you.
This is fantastic! Great explanation. Your content is unlike anything else. I'm addicted. Vielen Dank.
Thank you Captain Joe.
😘
it is nice to have you back on youtube, and it was nice to meet you personally in NYC.
Jael Pena Tejada
Awesome video. Have been wondering the meaning of cost index but now I get it.
I have a little story about costs, management and professionality.. I work in a transport company and we do a lot of AOG transports - pretty much the most urgent and expensive transport besides organs. we had an order from a HUGE german company which I wont name but its.. THE german aviation company. they needed a part transported in an AOG situation to an island in Europe which is pretty hard to reach because of bureaucracy (I am not naming it for anonymity purposes). we spent the whole weekend trying to get our truck a ferry to this island and it was VERY difficult but with help from a major transportation company in Germany and people knowing people we suceeded. I was hyped when the part arrived 3 days after being ordered because it was so difficult. about *2 weeks* later we get a call from the aviation company asking us if the part was ever delivered because they cant find it..... I was shocked somehow and after this and *a lot* of other incidents with AOG transports in Germany (like Cologne -> Hamburg, Frankfurt->Hamburg) where parts got lost in bureaucracy and chaos I somehow think its not all as professional as we think..
Thank you, Captain Joe for this explanation. Especially for me as an initial fo in this aviation business. Easy to understand.
great Video by Captain.. Kudos!
Thank you Captain Joe! Glad you are back!
@Captain Joe , You have answered a long time question I had. I live 20 miles away for the flight path for Manchester Airport UK and love watching the many planes coming in for landing and take off. I always wondered why some planes took off at a steep angle, yet some on the same day would be on a much more gradual rate of accent. I watched the video twice and get the CI now which has obviously answered my long time question. Cheers Joe.
absolutely fascinating
"Save this video in your playlist". Wait, your channel is my playlist! Awesome video :-)
Gutes Video und sehr gut erklärt!
Nice to have you back I started to miss you Joe!
This is the best explanation I've ever come across. Keep up the good work.
I saved the video offline before you told me to save to the playlist :)
Thank you so much..... you're a blessing to our lives Cap. Joe. Thank you!!!!!! It makes a whole lot more sense now.
very interesting Joe. I had no idea how these various factors impacted a flight. I.E. the airplane's speeds and levels of flight. Thanks.
Well explained captain!!
Yeah! My fav book
New information. Thanks!
THANKS, a new video I love it. I even just requested this thank you so much! I love your content.
Thank you for the explanation
great video captain waiting for next one..
Joe this is amazing! You always post something completely new. I love it! Best channel ever!
Wow! I had no idea that costs affect the way a pilot flies. Thanks for sharing!
I don't know anything about planes or piloting but you do a great job at this. Interestesting stuff, captain.
Learn something new every time Joe. Super informative videos, undoubtedly the best.
My favorite thing about Thursday's!!!
Thanks for the great explanation!
super useful video, Joe, you never disappoint, thank you so much!
we all hope you had fun in NYC but we're glad you're back :) we started missing you!
This question was asked a lot. Thanks.
Nice vid as always.
Great video Joe!
Good to listen to you
Another aspect of flying I never knew! Thank you!
Help me a lot capt. thank you
Thank you fr the video captn.
bless you captain Joe for another exclusive and educative video 👍
Best pilot review on UA-cam excellent keep it up most definitely worth the wait 🛫
Thanks a bunch Captain ...... high regards and love from Pakistan
You're the best youtuber ever
next holiday should be in Dallas Texas just giving you a suggestion any way welcome back captain joe
Thank you!
Wow! I had no idea whatsoever about this (in terms of effecting individual flights). Fascinating and well presented, IMO.
You're such a fun guy!
Yess your back! Exited for your uploads captain!
Finally! i've been looking forward to this, thanks Joe!
Love your videoes Joe! :)
Now, I've been commenting on quite many of your videos recently. This one has barely begun and I already have something to say again! I ordered Sully's book last week after having seen the film based on the book, and got it in the mail this Friday (two days ago). Haven't read it yet though, will do that when I've finished the one I'm reading currently.
Yes! I've been waiting for this! :D Amazing as always, thanks for the vid Joe.
More complicated than the engine operation :) Love your videos captain
Economics is quite confusing stuff. Lol... I was watching this, cos fuel prices are so high nowadays. $5.00/gal for gas, and probably kerosene is more expensive. Hopefully pilots save some fuel by flying at a CI near 0, so the expensive fuel can be used by others, and the supply doesn't run out. Also, hopefully regional jets could be replaced by trains, electric planes or something. Everything is so expensive nowadays...
As usual Captain Joe, very informative!
Hope you enjoy your trip :) I was in Barcelona for vacation too :) . Great to sea you again Captain! :)
nice video captain!
thank you captain...
Thx Joe!! Much appreciated for answering my question!
Always very informative. Thank you Capt. Joe.
Thank you sir 4 the explain
Thanks a bunch
Please make a video describing the difference between using the right sidestick and using the left!!!!
Thank you once again sir
Thank you for the video. Please do video about Long range cruise.. LRC.
awesome explanation
Congrats on 170K SUBSCRIBER!! YAS CAPTAIN JOE!!
I live in New York and heared the captain talk to the copilot about index on my last flight
everyday is a school day. great video, keep them coming !
Hey captain! Can you please do a Video on ILS and when / how often it is used or reasons not to use it?
Thank you 😊
Very interesting!
Such a cool guy!
Hey joe love your videos, can you please make a video explaining localizer and ils? Thanks
Oh my god. Just when I thought I knew it all Captain Joe makes a video detailing CI. My mind is now blown.
great video Joe,now I understand why some of my landings have a quicker decent than others 👍
It'd be highly appeciated if you could make a video about IFR and VFR. Thanks! Great video btw
Yes yes yes! I know others have recommended and I'm glad you've taken the idea! That says alot :)
brilliant video, what is your opinion on overbooking?
great information
Very interesting, thanks.
Hi Joe you were going nuts over the statue of liberty LOL
Thank you for the detailed explanation!
Hello Captain, can you make a video on these recent stories about air turbulence becoming worst due to global warming. And has it been true in your experience? Keep up the good vids!
Can you do a youtube vedio on how do flaps work on an aircraft?,and how the direction of the aircraft is changed in air