How good is a used 767-300ER? Part 4

Subscription Required. By Bjorn Fehrm Introduction Jan. 6 2016, ©. Leeham Co: We now finish our series of acquiring a used Boeing 767 aircraft to upgrade a Boeing 757-based long haul service. The 767 went out of favor recently as it has higher fuel consumption per seat than competing aircraft like Airbus A330-200. With today’s low fuel prices and favorable used prices, a well kept 767-300ER is once again an interesting long haul aircraft. In previous articles, we looked at different aspects of the 767-300ER compared with the A330-200. First we compared the aircraft's characteristics (Part one), then Cash Operating Costs (Part two) and finally Direct Operating Costs (Part three). We now finish the series with a revenue and margin analysis. First we establish the competitor’s payload carrying capabilities over a trans-Atlantic network. Then we calculate their revenue capabilities using standard yields (revenue per load unit). The revenue and cost data then gives us the operating margins for the aircraft. Summary
  • The 757 has the lowest costs but is considerably more limited in its payload and range capability than the 767 and A330. Its lack in capacity is augmented by a lack of cargo handling facilities.
  • The 767 has a cargo handling concept, unfortunately with the wrong container standard, LD2. The alternative is pallet based freight, which works well for the 767.
  • The A330-200 has the best passenger and cargo transporting capability. This compensates for its higher Direct Operating Costs but the low fuel prices keeps the 767 in the hunt.

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