Patent ID: 10318904

Abstract:
A method of generating a recommendation of terms of an aircraft services contract is disclosed. Operations data pertaining to a planned usage of each aircraft of a fleet of aircraft is received. The operations data pertains to the fleet of aircraft for which an aircraft services customer seeks to enter into a services contract with an aircraft services provider. The operations data includes flight schedule data and flight policy data specific to each of the aircraft. Historical data pertaining to actual usage of other fleets of aircraft with respect to the flight schedule data and the flight policy data is analyzed. The analyzing includes generating an estimation of a risk associated with the services contract from the perspective of the aircraft services provider. An acceptable price for the services contract is generated such that the risk is mitigated from the perspective of the services provider. The terms pertaining to the service contract are communicated for presentation in a user interface. The terms include the acceptable price with respect to the operations data and the flight policy data.