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Elham Soufiani

Publications and source records attributed to Elham Soufiani.

2 recordsLinked to original sources

Optimal Deployment of Electric Aircraft for Canadian Domestic Flights

This paper presents a multi-period mixed-integer linear programming (MILP) framework for planning the transition from conventional to electric aircraft in regional aviation. The model jointly optimizes fleet acquisition, infrastructure deployment, and service allocation over time, while accounting for policy constraints such as emissions reduction targets, electric service share, and budget limits. A real-world case study based on Helijet's short-haul network in British Columbia demonstrates the applicability of the model. The results show that electrification can reduce emissions by more than 70\% within five years while remaining economically viable. However, the transition is primarily limited by the capacity of the fleet and operational structure, rather than the charging infrastructure, leading to unmet demand under direct aircraft replacement. These findings emphasize the need for coordinated planning across fleet sizing, scheduling, and route prioritization to ensure a practical and efficient transition to electric aviation.

math.OC

Practical Option Valuations of Futures Contracts with Negative Underlying Prices

Here we propose two alternatives to Black 76 to value European option future contracts in which the underlying market prices can be negative or mean reverting. The two proposed models are Ornstein-Uhlenbeck (OU) and continuous time GARCH (generalized autoregressive conditionally heteroscedastic). We then analyse the values and compare them with Black 76, the most commonly used model, when the underlying market prices are positive

q-fin.MF