Air Craft Contract|Aircraft Charter Commercial Leasing Rental Service|Aircraft Charter Leasing Rental Service

Aircraft Contract

Learn aircraft contract basics and understand your options before you make a deal. Purchase, rent or hire airplanes or helicopters like a pro. Resources updated daily.

Navigation
Home
More Flying Equipment Agreement
Tips

Flying Equipment Agreement News Briefs

The 2009-2014 World Outlook for In-Flight Broadband Services
WHAT IS LATENT DEMAND AND THE P.I.E.? The concept of latent demand is rather subtle. The term latent typically refers to something that is dormant, not observable or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price, quality, and distribution, among other factors. Latent demand, therefore, is commonly defined by economists as the industry earnings of a market when that market becomes accessible and attractive to serve by competing firms. It is a measure, therefore, of potential industry earnings (P.I.E.) or total revenues (not profit) if a market is served in an efficient manner. It is typically expressed as the total revenues potentially extracted by firms. The “market” is defined at a given level in the value chain. There can be latent demand at the retail level, at the wholesale level, the manufacturing level, and the raw materials level (the P.I.E. of higher levels of the value chain being always smaller than the P.I.E. of levels at lower levels of the same value chain, assuming all levels maintain minimum profitability). The latent demand for in-flight broadband services is not actual or historic sales. Nor is latent demand future sales. In fact, latent demand can be lower or higher than actual sales if a market is inefficient (i.e. not representative of relatively competitive levels). Inefficiencies arise from a number of factors, including the lack of international openness, cultural barriers to consumption, regulations, and cartel-like behavior on the part of firms. In general, however, latent demand is typically larger than actual sales in a country market. For reasons discussed later, this report does not consider the notion of “unit quantities”, only total latent revenues (i.e. a calculation of price times quantity is never made, though one is implied). The units used in this report are U.S. dollars not adjusted for inflation (i.e. the figures incorporate inf

World Jet Inventory Subscription
A World Jet Inventory Subscription includes: - World Jet Inventory Expanded Year End CD - Includes the full fleet inventory at Year End; plus a Summary Fleet Inventory table at Year End, a new Model History Report, and over 100 data filled charts and tables described below - Online Access to the...

Clickbank Datafeed
Make Money From Home

 
 
 

Flying Equipment Agreement Facts

A gas turbine engine varies greatly in design from the engine in your car. Air enters the front of the engine through the fan section, which runs on the N1 or low-pressure shaft. In high by-pass engines, which are the most efficient, 4 times the air that continues into the core of the engine, or more, is directed around the engine producing thrust. Then the air entering the core of the engine reaches the compressor section. Here, the air is compressed in stages as it continues rearward. Since air does not like to flow from areas of low pressure to high pressure, turbine engines rely on the cascade effect. The compressor, running on the N2 shaft or high-pressure shaft, contains stages of rotor blades. These rotor blades are small titanium airfoils radiating from the shaft. Just like an aircraft wing moving through the air, these blades are positioned to produce an area of low pressure on the top and high pressure underneath. Since these blades are angled forward, the low pressure area is facing forward in the engine and the high pressure faces rearward. In between each set of rotating rotor blades, there is a ring of stationary blades called the stator vanes. These are identical titanium airfoil shaped blades positioned opposite to the rotor blades. As the area of high pressure behind the rotor blades pass the area of low pressure in front of the stator blades, the air flows from the high pressure to low pressure. This is continued through the compressor section until the pressure is increased much higher than the outside pressure.

Once the air exits the compressor section of the turbine engine, it enters the combustion section. As a result of the increased pressure, the air is at higher temperature. Fuel is injected into this heated air and a spark is added to ignite the mixture. During combustion, the air rapidly heats and expands further. This increases the pressure in the combustion chamber forces the air rearward through the high-pressure compressor turbine. Here, energy from the expanding air is used to turn the turbine which transfers energy through the N2 shaft to power the compressor in the front of the engine. After passing through the compressor turbine the air continues to the power turbine. This is where most of the energy from the air transfers through the N1 shaft to the fan producing most of the engines thrust. The remaining air exits the rear of the engine and gives the engine about twenty percent of its total thrust.

The gas turbine engine basically uses the same intake, compression, power, and exhaust cycles as your automotive four stroke engine. Turbine engines only vary in operation from a four stroke engine. The simplicity of this engine has allowed it to remain the essential engine of commercial aviation.







About The Author


Tim Patterson, webmaster for http://www.magneticdrainplug.com is a commercial pilot and aviation enthusiast.


If you have a web site and you wish to reproduce the above article you are welcome to do so, as long as the article is reproduced in its entirety, including this resource box and live link to http://www.magneticdrainplug.com.

Editors are free to use this article, but may not make any changes and all links must be active.

Tim PattersonGas Turbine Aircraft Engine Design and Operation: The Way It Works

Need more information about Flying Equipment Agreement?

Let us see what we can do to help you. -Contact-


Recommend Us To a Friend


Add Url


    Subscribe in NewsGator Online 
Add 'Aircraft Contract | Flying Equipment Agreement Feed' to Newsburst from CNET News.com    Subscribe in Bloglines
Syndicate this site

Bookmarkz


Flying Equipment Agreement Sitemap


 
 
 

 
 
 
© 2006 - 2008 Aircraft Contract All Rights Reserved
Privacy Disclaimer Terms Contact