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Optimize Aircraft Life Cycle Costs Through Contract Management

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Q6) Airlines work diligently to optimize the Aircraft life cycle operating costs. Additionally, the airlines have a set of contractual benefits that if managed correctly, it will positively contribute in operating costs optimization, bearing in mind the aforementioned, explain how an airline can effectively optimize such life cycle costs in view of contractual terms management? (20 marks).

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Q6) Airlines work diligently to optimize the Aircraft life cycle operating costs. Additionally, the airlines have a set of contractual benefits that if managed correctly, it will positively contribute in operating costs optimization, bearing in mind the aforementioned, explain how an airline can effectively optimize such life cycle costs in view of contractual terms management? (20 marks)

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