Benefit-Cost Analysis of Delay Reduction with STOL

The question of whether, and where, to invest in STOL fleets is examined by means of a heuristic model reflecting a possible investment process. Results of applying the computer model are presented in analysis of the application of STOL fleets to reducing airport congestion in the North-Central portion of the United States. According to the decision strategy used: (1) about 10 to 15 city-pair STOL routes are economically justified; and (2) the first five to 10 STOL fleet investments identified have very favorable benefit cost ratios. The model is believed to have a fair amount of potential flexibility in addressing STOL investment questions. Anyone interested in utilizing the model for such purpose or desirous of more detailed information on model structure, operation, or presently available results is encouraged to contact the writers.