Ayra, Eduardo S.; Insua, David Ríos; Cano, Javier - In: Journal of the American Statistical Association 109 (2014) 506, pp. 465-476
According to the International Air Transport Association, the industry fuel bill accounts for more than 25% of the annual airline operating costs. In times of severe economic constraints and increasing fuel costs, air carriers are looking for ways to reduce costs and improve fuel efficiency...